Trading news
Sep 3, 2025
USD/CNH: Rebound meets resistance – OCBC
USD/CNH was a touch firmer for a 3rd consecutive session this week, tracking USD/CNY fix which was set higher again – today at 7.1108 vs 7.1089 on Tuesday and 7.1072 on Monday vs. 7.1030 last Friday. Pair was last at 7.1451, OCBC's FX analysts Frances Cheung and Christopher Wong note.
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Sep 3, 2025
NZD/USD: May test the support at 0.5830 before stabilization – UOB Group
New Zealand Dollar (NZD) may test the support at 0.5830 before stabilization can be expected; a clear break below this level is unlikely. In the longer run, NZD is likely to trade in a range of 0.5800/0.5900, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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