USD/CNH still focused on 6.5000 – UOB

UOB Group’s FX Strategists noted a move to 6.5000 in USD/CNH still remains on the cards. Key Quotes 24-hour view: “USD traded between 6.4800 and 6.493
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US Dollar Index: Underlying uptrend is intact, fresh highs expected as taper is coming – Westpac

The US Dollar Index (DXY) is in a commanding position. The Federal Reserve is still inching toward tapering, while global prospects crumble due to Del
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