(VIANEWS) – USD/CNH (USDCNH) has been up by 2.34% for the last 21 sessions. At 06:11 EST on Thursday, 21 December, USD/CNH (USDCNH) is $7.14.
USD/CNH’s yearly highs and lows, it’s 0.034% up from its 52-week low and 0.084% down from its 52-week high.
News about
- Usd/jpy swamped near 144.00 after failing to vault over 145.00 on Tuesday. According to FXStreet on Tuesday, 19 December, "Intraday action finds the USD/JPY pinned into the 200-day Simple Moving Average (SMA) near the 144.00 handle, after hitting a Tuesday high that fell just shy of the 145.00 major price level.", "Daily candlesticks show the USD/JPY churning at the 200-day SMA as medium-term momentum drains out of the pair, leaving bids to waffle into long-term median prices."
- Usd/jpy: boj puts the fate of the yen in the hands of the fed or the dollar – commerzbank. According to FXStreet on Tuesday, 19 December, "In other words, in the end, it will never be about Yen strength, but always about Dollar weakness when USD/JPY falls (for example, because Fed rate cut expectations are rising, as is the case now). "
- Usd/jpy corrects from 145.00 as fed’s rate cut expectations soar. According to FXStreet on Wednesday, 20 December, "The USD/JPY pair corrects to near 143.50 amid expectations that the Federal Reserve (Fed) will start lowering borrowing interest rates earlier than projected by policymakers. "
- Usd/jpy rallies nearing 145.00 fuelled by a dovish boj. According to FXStreet on Tuesday, 19 December, "This has boosted the USD/JPY about 1.25% higher on the day so far, to reach intra-day highs near 145.00."
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