USD/CNH remains neutral for now – UOB Group

US Dollar (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/CNH is expected to trade in a lower range of 6.9520/6.9900

24-HOUR VIEW: "USD traded between 6.9676 and 6.9780 yesterday, narrower than our expected range of 6.9650/6.9800. The price movements still appear to be part of a range-trading phase. Today, we expect USD to trade between 6.9650 and 6.9770."

1-3 WEEKS VIEW: "We have held a neutral USD view since last week. In our latest narrative from two days ago (13 Jan, spot at 6.9710), we stated that USD 'remains neutral but is now expected to trade in a lower range of 6.9520/6.9900'. Our view remains unchanged."

Jan 15, 2026

EUR/CHF forms higher trough, signaling easing downward momentum – Société Générale

EUR/CHF has established a higher trough near 0.9270 and is challenging the 200‑DMA and multi-year descending trendline. A successful break above 0.9400 could trigger further gains toward 0.9445–0.9485, Société Générale's FX analysts note.

USD/KRW forms potential Inverse Head and Shoulders pattern – Société Générale

USD/KRW is forming the right shoulder of a potential Inverse Head and Shoulders, with the neckline near 1488. A breakout above this level could pave the way for gains toward 1497/1502 and 1525, Société Générale's FX analysts note.