UOB analysts expect USD/CHF to consolidate within a 0.8125-0.8185 range following a recent dip to 0.8124 and a subsequent recovery to 0.8168.
UOB's Quek Ser Leang and Lee Sue Ann note USD/CHF slid to 0.8124 before rebounding to 0.8168, and they see intraday consolidation between 0.8125 and 0.8185. The headline points to further Swiss franc gains versus the dollar, which implies a lower USD/CHF, though the body only describes range-bound intraday action.
UOB puts the intraday range at 0.8125 to 0.8185 after USD/CHF slid to 0.8124 and rebounded to 0.8168.
The headline says further gains are possible for the Swiss franc against the US dollar, which would mean a lower USD/CHF.
United Overseas Bank analysts Quek Ser Leang and Lee Sue Ann report that the USD/CHF pair is currently undergoing intraday consolidation. After sliding to a low of 0.8124, the pair rebounded to 0.8168, with expectations for continued range-bound trading between 0.8125 and 0.8185.
UOB analysts expect the USD/CHF pair to consolidate within an intraday range of 0.8125 to 0.8185.
The pair slid to a low of 0.8124 before rebounding to 0.8168.