(VIANEWS) – USD/CNH (USDCNH) has been up by 2.1% for the last 10 sessions. At 05:10 EST on Tuesday, 12 March, USD/CNH (USDCNH) is $7.18.
USD/CNH’s yearly highs and lows, it’s 0.004% up from its 52-week low and 0.129% down from its 52-week high.
News about
- According to FXStreet on Tuesday, 12 March, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "The Relative Strength Index (RSI) indicator on the daily chart edged lower after coming within a touching distance of 70, suggesting that investors are taking a break before betting on another leg higher in EUR/USD. "
- Eur/usd: an acceleration to 1.1000 will most likely depend on US cpi, if not retail sales – socgen. According to FXStreet on Monday, 11 March, "For the week ahead, investors chasing a rally in EUR/USD above 1.1000 will brace for US Consumer Price Index (CPI) report and US Retail Sales, economists at Société Générale say"
- Eur/usd hints at weakness to come. According to FXStreet on Monday, 11 March, "Turning to the charts, the overall short-term picture for EUR/USD is that the pair has been rising since February in an uptrend that continues to slightly favor bulls, but there are increasing signs a correction may be about to unfold."
- According to FXStreet on Monday, 11 March, "The Euro was little affected by Kazimir’s comments, keeping EUR/USD unperturbed near 1.0940."
- Eur/usd forex signal: more gains likely ahead of US CPI report – 11 March 2024. According to DailyForex on Monday, 11 March, "The EUR/USD exchange rate continued rising last week after the European Central Bank (ECB) decision and the US non-farm payrolls (NFP) data. ", "Meanwhile, the EUR/USD pair reacted to the two-day testimony by Jerome Powell, the head of the Federal Reserve. "
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