(VIANEWS) - USD/CNH (USDCNH) has been up by 0.91% for the last 10 sessions. At 13:06 EST on Wednesday, 27 March, USD/CNH (USDCNH) is $7.25.
USD/CNH's yearly highs and lows, it's 0.382% up from its 52-week low and 0.079% down from its 52-week high.
News about
- According to FXStreet on Wednesday, 27 March, "His reaction comes in response to the USD/JPY pair climbing to a fresh 34-year high of 151.97.", "Following his comments, USD/JPY corrected sharply to near 151.70, still up 0.11% on the day."
- 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 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. "
- 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."
- According to FXStreet on Tuesday, 26 March, "The declining FX volatility may keep the Japanese Yen pressured by funding demand for carry trades, making USD/JPY even more reliant on a move in USD rates, economists at ING say.", "Our call remains bearish on USD/JPY moving forward, but in the very short term, the pair may retest the 152.00+ 'verbal intervention' area."
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