(VIANEWS) – USD/CNH (USDCNH) has been up by 2.38% for the last 21 sessions. At 16:13 EST on Friday, 23 June, USD/CNH (USDCNH) is $7.22.
USD/CNH’s yearly highs and lows, it’s 0.342% up from its 52-week low and 0.176% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be oversold (<=20).
Previous days news about USD/CNH (USDCNH)
- Usd/cnh grinds near multi-day top surrounding 7.2000 amid us-China tension, hopes of higher fed rates. According to FXStreet on Wednesday, 21 June, "Above all, USD/CNH buyers cheer the monetary policy divergence between the PBoC and the Fed.", "On the other hand, the geopolitical fears surrounding the US and China weigh on the sentiment in Asia and fuel the USD/CNH prices amid a dicey market. "
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