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11 Nov 2025

USD/CNH: Likely to trade in a range between 7.1170 and 7.1290 – UOB Group

US Dollar (USD) is likely to trade in a range between 7.1170 and 7.1290. In the longer run, USD has likely entered a range-trading phase between 7.1120 and 7.1330, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD has likely entered a range-trading phase

24-HOUR VIEW: "Yesterday, we were of the view that USD 'is likely to trade in a range between 7.1200 and 7.1300'. USD then traded within a lower and slightly narrower range of 7.1187/7.1273. The price action provides no fresh clues, and we continue to expect range-trading today, most likely between 7.1170 and 7.1290."

1-3 WEEKS VIEW: "Last Friday (07 Nov, spot at 7.1230), we highlighted that USD 'has likely entered a range-trading phase, and for the time being, we expect it to trade between 7.1120 and 7.1330'. We continue to hold the same view."


Nov 11, 2025

USD/JPY: Further advance is not expected to reach the major resistance at 155.00 – UOB Group

US Dollar (USD) could test 154.45 against Japanese Yen (JPY); any further advance is not expected to reach the major resistance at 155.00. In the longer run, USD is likely to trade in a range for now, likely between 153.10 and 155.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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Nov 11, 2025

China: Welcome relief in a long race – Standard Chartered

US-China trade truce is offering a welcomed relief. Markets expect a H2 slowdown and forecast 2025 growth at 4.9%; deflation pressure to linger, Standard Chartered's economists report.
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