(VIANEWS) – USD/CNH (USDCNH) has been up by 5.55% for the last 21 sessions. At 09:09 EST on Thursday, 9 February, USD/CNH (USDCNH) is $6.77.
USD/CNH’s yearly highs and lows, it’s 0.01% up from its 52-week low and 0.428% down from its 52-week high.
News about
- Eur/usd price analysis: bullish doji, golden cross tease buyers above 1.0700. According to FXStreet on Wednesday, 8 February, "However, the recovery remains elusive unless the EUR/USD pair stays below the previous support line from early November 2022, around 1.0860.", "However, the 100-DMA and the 200-DMA, respectively around 1.0345 and 1.0320, could challenge the EUR/USD bears afterward."
- Eur/usd bulls struggle around mid-1.0700s, focus on ECB talks, fed chair powell. According to FXStreet on Tuesday, 7 February, "The comments favoring hawkish actions from the Federal Reserve (Fed) officials and receding recession woes surrounding the US, as per Federal Reserve Bank of Atlanta President Raphel Bostic, US Treasury Secretary Janet Yellen and President Joe Biden, also probe the EUR/USD bulls.", "Against this backdrop, US stock futures print mild gains and the equities in the Asia-Pacific region remain sidelined, which keeps the EUR/USD buyers hopeful ahead of speeches from the ECB and the Federal Reserve (Fed) officials. "
- Eur/usd stabilizes above 1.0700 despite fed’s powell confirming further policy tightening. According to FXStreet on Tuesday, 7 February, "The EUR/USD pair has shifted its auction profile above the round-level resistance of 1.0700 in the early Asian session. "
- Eur/usd extends the decline and pierces 1.0700. According to FXStreet on Tuesday, 7 February, "Sellers remain well in control of the sentiment in the global markets and now drag EUR/USD briefly to the sub-1.0700 region on Tuesday.", "The steep sell-off in EUR/USD post-US NFP remains unabated on Tuesday and drags the pair to briefly test multi-week lows in the sub-1.0700 zone."
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