(VIANEWS) – USD/CNH (USDCNH) has been up by 2.01% for the last 10 sessions. At 13:11 EST on Sunday, 28 January, USD/CNH (USDCNH) is $7.18.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.
News about
- Eur/usd seen at 1.0700/1.0500 on a 6/12m horizon – danske bank. According to FXStreet on Friday, 26 January, "While we recognise that our Fed (first cut in March) and ECB (first cut in June) forecasts, all else equal, are positive for EUR/USD in H1, we believe that the broader pricing in the G10 could be more decisive for the cross, as we perceive current market expectations for rate cuts to be excessive.", "We still maintain our bias towards selling EUR/USD on rallies in the near term, and we forecast EUR/USD at 1.0700/1.0500 on a 6/12M horizon."
- Eur/usd: the downside looks open to the 1.0790/1.0800 area – ING. According to FXStreet on Friday, 26 January, "The downside for EUR/USD looks open to the 1.0790/1.0800 area now and 1.0875/1.0900 looks like stronger resistance. "
- Eur/usd weekly forecast: incremental trend lower persists as traders fret – 28 January 2024. According to DailyForex on Sunday, 28 January, "If the EUR/USD can sustain its current ratios and stay above the 1.08400 level this might be taken as a sign more buying is going to develop. ", "The currency pair may appear oversold, but the current price range of the EUR/USD may be seen as fair market equilibrium for the time being. "
- Eur/usd price analysis: extends losses to near 1.0830 followed by the monthly low. According to FXStreet on Friday, 26 January, "Additionally, the lagging indicator, Moving Average Convergence Divergence (MACD), for the EUR/USD pair signals a potential confirmation of a downward trend. ", "The EUR/USD pair experienced downward pressure following the release of Gross Domestic Product (GDP) data from the United States (US)."
- Eur/usd recovers near-term losses, but gains capped post-us PCE. According to FXStreet on Friday, 26 January, "Dollar bets continue to weigh on USD pairs, keeping EUR/USD leaning toward a near-term middle around 1.0850.", "Despite intraday tests into the low side, EUR/USD is set to continue languishing in an ongoing congestion pattern between the 50-day and 200-day SMAs at 11.0925 and 1.0850, respectively. "
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