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USD/CNH Went Down By Over 1% In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.04% for the last 10 sessions. At 15:06 EST on Sunday, 7 April, USD/CNH (USDCNH) is $7.24.

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 dips post US nonfarm payrolls report. According to FXStreet on Friday, 5 April, "Momentum in the EUR/USD is tilted to the downside as the Relative Strength Index (RSI) aims lower and beneath the 50-midline level. ", "The Euro registers minimal losses of 0.13% following the release of a stronger-than-expected jobs report from the United States (US) that boosted the Greenback, sending the EUR/USD lower. "
  • According to FXStreet on Friday, 5 April, "The US Dollar (USD) encountered downward pressure on Thursday due to weaker employment data from the United States (US), which supported the EUR/USD pair. "
  • Eur/usd drops to near 1.0830 on market caution, US NFP data eyed. According to FXStreet on Friday, 5 April, "However, the US Dollar (USD) faced downward pressure due to weaker employment data from the United States (US) on Thursday, supporting the EUR/USD pair. "
  • According to FXStreet on Friday, 5 April, "The next upside barrier for EUR/USD will be then seen at the March 21 high of 1.0943. ", "Increased bets for Fed rate cuts keep the US Dollar undermined against its major counterparts, driving the EUR/USD pair to a weekly high near 1.0875. "
  • Eur/usd weekly forecast: choppy trading routine as outlooks remain unclear – 07 April 2024. According to DailyForex on Sunday, 7 April, "The EUR/USD remains within the lower elements of its three month price range and within a middle ground when a one month chart is considered. ", "But trading results in the EUR/USD may be affected by these considerations in the days ahead and cause turbulence in the currency pair."

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