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USD/CNH Went Down By Over 3% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 3.89% for the last 21 sessions. At 14:15 EST on Sunday, 12 March, USD/CNH (USDCNH) is $6.93.

USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.

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  • Usd/jpy sticks to boj-inspired gains, remains below 137.00 ahead of US NFP report. According to FXStreet on Friday, 10 March, "This, along with the latest US consumer inflation figures, due next Tuesday, will influence the Fed’s rate-hike path, which will drive the USD and provide a fresh directional impetus to the USD/JPY Pair.", "Apart from this, some follow-through US Dollar selling contributes to keeping a lid on any further gains for the USD/JPY pair, at least for the time being. "
  • Usd/jpy falls to test daily lows near 135.80 after NFP. According to FXStreet on Friday, 10 March, "The USD/JPY dropped to levels sub 136.00 following the release of the US employment report. ", "The daily lows area in USD/JPY is being challenged at the moment, and a break lower could trigger an acceleration. "
  • Usd/jpy: A bigger retracement could be on the horizon – MUFG. According to FXStreet on Friday, 10 March, "USD/JPY has bounced on the back of the BoJ policy announcement but the developments in the US seem far more significant and given the US yield move, a bigger retracement in USD/JPY could be on the horizon."
  • Usd/jpy forecast: dollar has a pullback against yen – 10 March 2023. According to DailyForex on Friday, 10 March, "The USD/JPY has shown some weakness against the Japanese yen during Thursday’s trading session, solidifying the idea of the ¥137.50-¥138 level being a significant resistance barrier. "

More news about USD/CNH (USDCNH).

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