USD/JPY must first close above 153.00 to continue advancing – UOB Group

Upward momentum is starting to build, but for a continued advance, US Dollar (USD) must first close above 153.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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USD/CNH may not break below the y-t-d low of 7.0860 – UOB Group

Risk for US Dollar (USD) remains on the downside, but it is unclear now if there is sufficient momentum for a break of the y-t-d low of 7.0860, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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