Canada Wholesale Sales (MoM) registered at 0.1% above expectations (-0.4%) in May

Jul 14, 2025

USD/CNH: Any decline is unlikely to break below 7.1630 – UOB Group

US Dollar (USD) may edge lower against Chinese Yuan (CNH), but any decline is unlikely to break below 7.1630. In the longer run, USD is expected to trade in a range between 7.1550 and 7.1920, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

Fed’s Hammack: Tariff impacts remain uncertain

Beth Hammack of the Federal Reserve Bank of Cleveland depicted a fundamentally robust economy, despite inflation persistently surpassing the Fed's target.