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MarketFX

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

ViaNews Editorial Team

February 20, 2024

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

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.66% for the last 10 sessions. At 03:06 EST on Tuesday, 20 February, USD/CNH (USDCNH) is $7.21.

USD/CNH's yearly highs and lows, it's 0.04% up from its 52-week low and 0.139% down from its 52-week high.

News about

  • Usd/jpy holds ground above 150.30, FOMC minutes eyed. According to FXStreet on Tuesday, 20 February, "The USD/JPY pair holds above the 150.00 psychological mark during the early Asian trading hours on Tuesday. ", " The upside of the USD/JPY pair might be capped due to the verbal intervention from the Japanese authorities. "
  • Usd/jpy analysis: the uptrend remains dominant the uptrend remains dominant - 19 February 2024. According to DailyForex on Monday, 19 February, "In the long term, and according to the performance on the daily chart, it appears that the USD/JPY pair is trading within an upward channel. ", "According to performance, USD/JPY has now advanced to trade slightly above the 100-hour moving average line on the hourly chart. "
  • Usd/jpy depreciates to near 150.00, Japan machinery orders improves. According to FXStreet on Monday, 19 February, "However, the USD/JPY pair soared on better-than-expected Producer Price Index (PPI) data from the United States on Friday. "
  • Usd/jpy forecast: US dollar continues to look strong against yen - 19 February 2024. According to DailyForex on Monday, 19 February, "The USD/JPY pair experienced a slight uptick early on Friday, rebounding from the key support level at 149.80 yen. ", "While short-term fluctuations may occur, the overall outlook suggests a continuation of the upward trend in the USD/JPY pair. "
  • Usd/jpy price analysis: remains steady around 150.00 amid quiet US holiday session. According to FXStreet on Monday, 19 February, "The USD/JPY traded sideways during a choppy trading session late on Monday, with Wall Street remaining closed in observance of President's Day. ", "From a technical perspective, the USD/JPY is neutral to upward biased, but it seems to have peaked at around the 150.00 area as Japanese authorities threatened to intervene in the Forex markets. "

More news about USD/CNH (USDCNH).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.