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Posted by
Two Blokes Jul 14 -
Filed in
Forex
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US Dollar (USD) may edge lower against Chinese Yuan (CNH), but any decline is unlikely to break below 7.1630. In the longer run, USD is expected to trade in a range between 7.1550 and 7.1920, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.