(VIANEWS) – USD/CNH (USDCNH) has been up by 1.95% for the last 10 sessions. At 15:14 EST on Monday, 29 January, USD/CNH (USDCNH) is $7.19.
USD/CNH’s yearly highs and lows, it’s 0.063% up from its 52-week low and 0.14% down from its 52-week high.
News about
- Eur/usd price analysis: inches lower to 1.0840 followed by the monthly low. According to FXStreet on Monday, 29 January, "The significant level at 1.0850 may act as immediate resistance for the EUR/USD pair. ", "The 14-day Relative Strength Index (RSI) for the EUR/USD pair lies below the 50 mark, indicating a bearish momentum in the market. "
- Eur/usd remains under pressure below 1.0850, German GDP data eyed. According to FXStreet on Monday, 29 January, "This, in turn, might exert some selling on the Euro (EUR) and act as a headwind for the EUR/USD pair."
- Eur/usd signal: broadening wedge forms ahead of fed decision – 29 January 2024. According to DailyForex on Monday, 29 January, "The EUR/USD exchange rate has moved sideways in the past few days as focus now shifts to the upcoming Fed decision. ", "The next key EUR/USD news to watch will be the upcoming EU GDP report scheduled for Tuesday. "
- According to DailyForex on Monday, 29 January, "As the market continues to grapple with these factors, the EUR/USD pair is expected to maintain its current pattern of fluctuating movements within the defined consolidation range.", "The EUR/USD pair is navigating a complex environment shaped by central bank policies and global economic uncertainties. "
- Eur/usd finds six-week low near 1.0800 as euro broadly underperforms. According to FXStreet on Monday, 29 January, "Monday saw EUR/USD decline over eight-tenths of a percent peak-to-trough from Friday’s near-term peak at 1.0886, and the pair continues to waffle below the 200-hour Simple Moving Average (SMA) descending into 1.0870.", "Technical resistance has piled up in a familiar zone just below the 1.0900 handle, capping off intraday momentum to the top side and chaining EUR/USD into a defensive position as bids test old chart territory."
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