USD/CNH: Likely to consolidate between 7.1150 and 7.1340 – UOB Group

US Dollar (USD) is likely to consolidate between 7.1150 and 7.1340. In the longer run, USD remains negative, and it could drop and potentially break below 7.1000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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EUR/GBP softens as Eurozone PMI strength fails to lift Euro

The Euro (EUR) edges lower against the British Pound (GBP), with EUR/GBP slipping below 0.8660 and snapping a two-day winning streak.
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