Skip to main content
BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%
Tarifs
fxJul 2, 2026, 11:34 PM

USD/CNH Consolidation Expected After Weakness Fades – UOB

UOB analyst Quek Ser Leang reports that USD/CNH is consolidating after a decline to 6.7865, with the pair trading between 6.7911 and 6.8025 and closing at 6.7948. Intraday action is expected to remain within a narrow range.

USDCNHCNH

UOB's Quek Ser Leang observes that the Chinese yuan (USD/CNH) is range-trading after its prior weakness against the US dollar faded.

The pair initially declined to 6.7865 before oscillating between 6.7911 and 6.8025, eventually closing at 6.7948.

According to the analyst, intraday price action is expected to stay confined to this narrow band, with no clear breakout signal in the near term.

Source: FXStreet Forex News