(VIANEWS) - USD/CNH (USDCNH) has been up by 1.65% for the last 10 sessions. At 15:09 EST on Monday, 4 March, USD/CNH (USDCNH) is $7.21.
USD/CNH's yearly highs and lows, it's 0.076% up from its 52-week low and 0.05% down from its 52-week high.
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- According to FXStreet on Monday, 4 March, "Some follow-through selling, leading to a break below the 149.00 mark, might shift the bias in favour of bearish traders and make the USD/JPY pair vulnerable. ", "Moreover, oscillators on the daily chart are holding in the positive territory and support prospects for some meaningful upside for the USD/JPY pair. "
- Usd/jpy: scope for only a moderate move lower in the coming months – rabobank. According to FXStreet on Monday, 4 March, "While we favour an April rate hike over a move in March, we expect USD/JPY to edge lower into the March 19 meeting in anticipation of an early move.", "That said, given the resilience of the US economy and related US inflation risks, we see downside potential in USD/JPY to be limited to a move back to 140.00 on a 12-month view."
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