(VIANEWS) – USD/CNH (USDCNH) has been up by 3.92% for the last 21 sessions. At 16:12 EST on Tuesday, 21 February, USD/CNH (USDCNH) is $6.89.
USD/CNH’s yearly highs and lows, it’s 0.531% up from its 52-week low and 0.057% down from its 52-week high.
News about
- Eur/usd aims to recapture 1.0700 as risk appetite recovers, fed minutes in focus. According to FXStreet on Monday, 20 February, "The EUR/USD pair has attempted a recovery after dropping to near 1.0673 in the early European session. "
- Eur/usd: hawkish set of FOMC minutes required to see a break towards 1.05 – ING. According to FXStreet on Monday, 20 February, "The Dollar rally might have come far enough for the time being and EUR/USD found good demand ahead of 1.06. ", "It will probably require quite a hawkish set of FOMC minutes on Wednesday for EUR/USD to break towards 1.05 - where we expect to see good demand ahead of a EUR/USD rally in the second quarter."
- Eur/usd price analysis: bears approach 11-week-old support line near 1.0620. According to FXStreet on Tuesday, 21 February, "Following that, a three-week-long horizontal resistance area near 1.0800-05 could act as the last defense of the EUR/USD bears.", "In a case where the EUR/USD pair remains firmer past 1.0805, the odds of witnessing a run-up towards the 1.1000 psychological magnet and then to the monthly high near 1.1035 can’t be ruled out."
- Eur/usd: hawkish ECB talks, upbeat EU data tease bulls near 1.0700, pmis in focus. According to FXStreet on Monday, 20 February, "Against this backdrop, Wall Street was closed and US Treasury yields eased, which in turn weighed on the US Dollar Index (DXY) and allowed the EUR/USD to remain firmer, defending Friday’s rebound from the six-week low.", "Moving on, the return of full markets may highlight the geopolitical fears surrounding the US-China tussles over Taiwan and balloon shooting, not to forget the North Korean missile firing, to weigh on the sentiment and the EUR/USD prices."
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