USD/CNH: Consolidation with Oil and risk in focus – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNH is consolidating near recent lows with fading bullish momentum, as fears of persistently high Oil prices and Iran-related risks weigh on broader sentiment despite the IEA’s reserve release.
OCBC strategists Sim Moh Siong and Christopher Wong note that USD/CNH is consolidating near recent lows with fading bullish momentum, as fears of persistently high Oil prices and Iran-related risks weigh on broader sentiment despite the IEA’s reserve release.
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