United Overseas Bank

USD/CNH Pair Shows Signs of Potential Upward Movement

USD/CNH pair may break above 7.3100, with short-term momentum showing potential for upward movement. Analysts suggest a range-bound scenario between 7.2920 and 7.3060, with resistance at 7.3400 uncertain. Positive outlook for USD in the next 1-3 weeks, with support at 7.2800 crucial to monitor for continued upside potential.

UOB Group and CCPIT sign MOU to boost foreign investment and trade between China and Southeast Asia

On Wednesday, UOB Group and the China Council for the Promotion of International Trade (CCPIT) signed an enhanced memorandum of understanding (MOU) to boost foreign investment and trade between China and Southeast Asia. This collaboration will allow more than 350,000…