(VIANEWS) – USD/CNH (USDCNH) has been up by 1.46% for the last 10 sessions. At 19:11 EST on Wednesday, 14 February, USD/CNH (USDCNH) is $7.22.
USD/CNH’s yearly highs and lows, it’s 0.022% up from its 52-week low and 0.019% down from its 52-week high.
News about
- Usd/jpy flatlines above 149.30, investors await US CPI data. According to FXStreet on Tuesday, 13 February, "The USD/JPY pair trades on a flat note during the early Asian session on Tuesday. "
- Usd/jpy forecast: US dollar continues to look for 152 yen – 13 February 2024. According to DailyForex on Tuesday, 13 February, "Overall, the prevailing trend favors an upward movement for the USD/JPY pair, making shorting an unattractive prospect. ", "Given the Federal Reserve’s stance on delaying interest rate cuts and the prevailing market conditions, the trajectory for the USD/JPY pair seems skewed towards further gains. "
- According to FXStreet on Wednesday, 14 February, "A sustained strength beyond could lift the USD/JPY pair further towards the 151.45 intermediate hurdle en route to the 152.00 neighbourhood, or a multi-decade peak set in October 2022 and retested in November 2023.", "Apart from this, a strong bullish tone around the US Dollar (USD) might also contribute to limiting the downside for the USD/JPY pair."
- US treasury would accept Japanese intervention to sell usd/jpy should it make a quick move to 152.00 – ING. According to FXStreet on Wednesday, 14 February, "We are not so sure and suspect the US Treasury would again accept Japanese intervention to sell USD/JPY should it make a quick move to 152.00. ", "At just 7.45%, one week USD/JPY implied volatility seems too low in that intervention cannot completely be ruled out."
- Usd/jpy analysis: the path May break the 150.00 – 13 February 2024. According to DailyForex on Tuesday, 13 February, "According to the performance on the daily time frame chart above, the general trend of the USD/JPY currency pair is still bullish, and as I mentioned above, the current movement will support the move towards the psychological resistance level of 150.00, which will support the strength and control of the bulls over the trend, and at the same time it will move the technical indicators. "
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