(VIANEWS) – USD/CNH (USDCNH) has been up by 3.11% for the last 21 sessions. At 05:06 EST on Tuesday, 28 February, USD/CNH (USDCNH) is $6.95.
USD/CNH’s yearly highs and lows, it’s 0.134% up from its 52-week low and 0.175% down from its 52-week high.
News about
- Eur/usd bears flex muscles above 1.0500 ahead of US durable goods orders. According to FXStreet on Monday, 27 February, "Moving ahead, the start of the U.N. Human Rights Council session in Geneva becomes crucial for the EUR/USD pair watchers ahead of the US Durable Goods Orders for January, expected -4.0% versus 5.6% prior. ", "An 11-week-old ascending support line joins the 200-bar Exponential Moving Average (EMA) to highlight the 1.0540-30 as the key support for the EUR/USD bears to watch during the quote’s further downside. "
- Eur/usd finds some respite near 1.0530, looks at data. According to FXStreet on Monday, 27 February, "Following an initial drop to the 1.0530 region, or 8-week lows, EUR/USD manages to regain some buying interest and advances to the 1.0560 area at the beginning of the week.", "Price action around EUR/USD remains depressed so far, although the pair seems to have met some motivation after bottoming out in the 1.0535/30 band earlier on Monday."
- Eur/usd skates on thin ice around 1.0550 amid hawkish ECB talks, higher fed rate concerns. According to FXStreet on Monday, 27 February, "Given the nearly oversold RSI (14), the EUR/USD bears are likely to rest near the 11-week-old ascending support line, close to 1.0545 by the press time. ", "To sum up, a battle between the hawks of the ECB and the Fed keeps the EUR/USD on the dicey floor. "
- Eur/usd price analysis: looks set for a breakdown below 1.0540. According to FXStreet on Monday, 27 February, "The EUR/USD pair is displaying a lackluster performance around 1.0550 in the Asian session. "
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