USD/CNH: Upward momentum might lead to USD testing 7.1220 – UOB Group

Slight increase in upward momentum could lead to US Dollar (USD) testing 7.1220. In the longer run, for the time being, USD is likely to trade between 7.1020 and 7.1285, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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USD/JPY eyes January high near 159.00 – Société Générale

USD/JPY continues its rebound, breaking a multi-month descending trend line and approaching the January high near 158.85–159.10. While resistance in this zone may prompt a short-term pullback, the recent low at 154.40 offers key support, Société Générale's FX analysts note.
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