Scotiabank strategists Shaun Osborne and Eric Theoret highlight that USD/CAD around 1.4269 shows signs of consolidation after a sharp Canadian Dollar (CAD) weakening since early September. Price action is closely tracking the 2-year US–Canada spread, with Oil offering some support to CAD.
UOB strategists Quek Ser Leang and Lee Sue Ann note that USD/CHF price action has been quiet, with the pair expected to stay confined intraday between 0.8310 and 0.8345. Over a 1–3 week horizon, they reiterate that USD/CHF has likely entered a range-trading phase between 0.8245 and 0.8365. On a 1–3 month view, they see scope for further rebound but limited momentum to revisit the July peak.
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CHF remains in a tight range in the short term, with intraday levels clustered around 0.8300. Their 1–3 week view maintains a broader consolidation band, while the 1–3 month outlook suggests the pair could continue rebounding but lacks momentum to revisit its July peak.