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USD/CNH Slides By 3% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 3.6% for the last 21 sessions. At 17:10 EST on Thursday, 23 February, USD/CNH (USDCNH) is $6.91.

USD/CNH’s yearly highs and lows, it’s 0.485% up from its 52-week low and 0.123% down from its 52-week high.

News about

  • Eur/usd losses traction and falls toward 1.0660s post-us pmis, ahead of fomc’s minutes. According to FXStreet on Tuesday, 21 February, "Nevertheless, US PMIs showed after Wall Street’s opening justified US Dollar strength, hence the EUR/USD fall. ", "Given the backdrop, the EUR/USD fell from around the week’s high and has retraced below the 1.0660 area. "
  • Eur/usd price analysis: retreats from 1.0650 amid dismal market mood. According to FXStreet on Tuesday, 21 February, "The EUR/USD pair has retreated after facing selling interest around 1.0650 in the early Tokyo session. "
  • Eur/usd price analysis: extends recovery above 1.0660 as investors’ risk-taking capacity improves. According to FXStreet on Wednesday, 22 February, "The EUR/USD pair has sensed a buying interest after dropping to near 1.0640 in the Asian session. "
  • Eur/usd trims gains near 1.0650 ahead of FOMC minutes, fed vs. ECB divergence is in focus. According to FXStreet on Wednesday, 22 February, "Looking ahead, the second version of Germany’s Harmonized Index of Consumer Prices (HICP) inflation gauge and IFO sentiment numbers could entertain EUR/USD traders ahead of the key Fed Minutes. ", "A daily closing below the 50-day Exponential Moving Average (EMA), around 1.0680 by the press time, keeps EUR/USD bears hopeful of refreshing monthly low, currently around 1.0610."
  • Eur/usd bulls move in ahead of the FOMC minutes. According to FXStreet on Wednesday, 22 February, "The US Dollar rose against all G10 except sterling while EUR/USD was choppy but ultimately 40 pips lower to 1.0637. "

More news about USD/CNH (USDCNH).

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