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Consolidation after breaking out – OCBC

USD/CNH fell sharply below 7.26 at one point after Trump announced there was no immediate plans for tariffs and calls for further study. USD/CNH was last seen at 7.2712 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Tariff…

Markets remain focused on Trump’s policies

The US Dollar remained on the defensive, adding to Monday’s pullback as further market chatter around US tariffs failed to underpin the initial bullish bias in the currency. Here is what you need to know on Wednesday, January 22: The…