United States NY Empire State Manufacturing Index above forecasts (-1.8) in October: Actual (10.7)

US Dollar (USD) is likely to trade in a range between 7.1300 and 7.1450. In the longer run, USD is expected to trade in a range between 7.1200 and 7.1550, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.