(VIANEWS) – USD/CNH (USDCNH) has been up by 1.14% for the last 10 sessions. At 19:10 EST on Tuesday, 1 October, USD/CNH (USDCNH) is $7.03.
USD/CNH’s yearly highs and lows, it’s 0.068% up from its 52-week low and 0.003% down from its 52-week high.
News about
- Eur/usd price forecast: flat lines below 1.1200 ahead of German consumer inflation data. According to FXStreet on Monday, 30 September, "From a technical perspective, the EUR/USD pair remains confined in a multi-day-old trading band. ", "On the flip side, weakness below the 1.1125-1.1120 immediate support could drag the EUR/USD pair below the 1.1100 mark, towards testing last week’s swing low, around the 1.1085-1.1080 zone. "
- Eur/usd flat lines below mid-1.1100s ahead of eurozone cpi, US macro data. According to FXStreet on Tuesday, 1 October, "The EUR/USD pair struggles to gain any meaningful traction following the previous day’s pullback from the vicinity of the 14-month peak - levels just above the 1.1200 mark and oscillates in a narrow band during the Asian session on Tuesday. ", "Conversely, the reaction to a higher reading is likely to remain limited amid a modest US Dollar (USD) strength, suggesting that the path of least resistance for the EUR/USD pair is to the upside."
- According to FXStreet on Tuesday, 1 October, "The large moves in the EUR:USD short-term rate differentials are pointing to a weaker EUR/USD now. ", "All in all, barring surprise in EZ and US data, we think EUR/USD can trade back below 1.110 in the next couple of days, and test 1.100 if US unemployment doesn’t tick higher on Friday."
More news about USD/CNH (USDCNH).
