💱US Dollar/Chinese Yuan FX Spot Rate
USDCNY
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UOB strategists expect yuan to strengthen toward 6.7200 against USD
Impact on assets 1
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UOB targets 6.7200 for Chinese yuan against US dollar
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United Overseas Bank strategists Quek Ser Leang and Lee Sue Ann maintain a downside bias on USD/CNH after the pair dipped to 6.7180 and closed near 6.7210. They see the Chinese yuan strengthening toward the 6.7200 level against the US dollar.
UOB strategists expect yuan to strengthen toward 6.7200 against USD