(VIANEWS) – USD/CNH (USDCNH) has been up by 1.04% for the last 10 sessions. At 23:06 EST on Monday, 25 March, USD/CNH (USDCNH) is $7.24.
USD/CNH’s yearly highs and lows, it’s 0.116% up from its 52-week low and 0.125% down from its 52-week high.
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- Usd/jpy loses ground on Monday after intervention talk. According to FXStreet on Monday, 25 March, "From a technical perspective the USD/JPY has formed a bearish Hanging Man Japanese candlestick pattern (circled) on Thursday, suggesting a heightened risk of a short-term reversal and pullback."
- Usd/jpy: verbal intervention from Japanese officials to help dampen further upside in the near term – MUFG. According to FXStreet on Monday, 25 March, "However, we do expect verbal intervention from Japanese officials to help dampen further upside for USD/JPY in the near term. "
- Usd/jpy: scope for the Japanese yen to recover moderately in the months ahead – rabobank. According to FXStreet on Monday, 25 March, "We see scope for the JPY to recover moderately in the months ahead and maintain a 12-month target of USD/JPY at 140.00."
- Usd/jpy to drop to at least 140.00 by year-end – MUFG. According to FXStreet on Monday, 25 March, "We still see scope for USD/JPY to drop to at least 140.00 by year-end with risks of a move to the mid-130.00’s. "
- Usd/jpy alternates gains with losses near 151.50. According to FXStreet on Monday, 25 March, "So far, USD/JPY is up 0.06% at 151.40 and faces the next resistance at the 2024 peak of 151.86 (March 22) ahead of the 2023 high of 151.90 (November 13) and the 2022 top of 151.94 (October 21. "
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