The post Likely to trade in a range between 6.9650 and 6.9800 – UOB Group appeared on BitcoinEthereumNews.com. US Dollar (USD) is likely to trade in a range betweenThe post Likely to trade in a range between 6.9650 and 6.9800 – UOB Group appeared on BitcoinEthereumNews.com. US Dollar (USD) is likely to trade in a range between

Likely to trade in a range between 6.9650 and 6.9800 – UOB Group

US Dollar (USD) is likely to trade in a range between 6.9650 and 6.9800. In the longer run, USD remains neutral but is now expected to trade in a lower range of 6.9520/6.9900, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

USD remains neutral

24-HOUR VIEW: “Yesterday, USD traded between 6.9674 and 6.9766, narrower than our expected range of 6.9620/6.9820. The price action provides no fresh clues, and we continue to expect USD to trade in a range, most likely between 6.9650 and 6.9800.”

1-3 WEEKS VIEW: “Our update from yesterday (13 Jan, spot at 6.9710) remains valid. As highlighted, we maintain our neutral view from last week, but we now expect USD to trade in a lower range of 6.9520/6.9900.”

Source: https://www.fxstreet.com/news/usd-cnh-likely-to-trade-in-a-range-between-69650-and-69800-uob-group-202601141101

Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.0605
$0.0605$0.0605
+0.46%
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
Volume Jumps 1,600% in 24 Hours

Volume Jumps 1,600% in 24 Hours

The post Volume Jumps 1,600% in 24 Hours appeared on BitcoinEthereumNews.com. Axie Infinity (AXS) is trading at $1.29 at the time of writing, up more than 33% in
Share
BitcoinEthereumNews2026/01/15 01:21
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40