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

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.81% for the last 10 sessions. At 19:09 EST on Thursday, 7 March, USD/CNH (USDCNH) is $7.20.

USD/CNH’s yearly highs and lows, it’s 0.003% up from its 52-week low and 0.044% down from its 52-week high.

News about

  • Eur/usd edges up after unexpected rise in German trade surplus. According to FXStreet on Wednesday, 6 March, "The EUR/USD pair is seeing alift on Wednesday, trading up by almost two tenths of a percent against the US Dollar (USD) after the release of Eurozone Retail Sales data showed shoppers continued spending fairly liberallyin January."
  • Eur/usd forex signal: extremely bullish ahead of ECB decision – 06 March 2024. According to DailyForex on Wednesday, 6 March, "Looking ahead, the EUR/USD pair will have several important events on Wednesday. ", "The EUR/USD continued its slow recovery as focus shifted to the upcoming ADP jobs data and the interest rate decision by the European Central Bank (ECB). "
  • According to FXStreet on Wednesday, 6 March, "In the meantime, further gains lifted Gold to a new record high, and EUR/USD broke above 1.0900."
  • Eur/usd will still struggle to sustain a break over 1.0900 – ING. According to FXStreet on Wednesday, 6 March, "As such, should today’s US event risk prove a Dollar negative, we think the EUR/USD pair will still struggle to sustain a break over 1.0900."
  • Eur/usd consolidates around mid-1.0800s ahead of US data, fed’s powell. According to FXStreet on Wednesday, 6 March, "Hence, it will be prudent to wait for some follow-through buying beyond the said handle before traders start positioning for an extension of the EUR/USD pair’s goodish recovery move from sub-1.0700 levels, or the YTD low touched on February 14. ", "Hence, Fed Chair Jerome Powell’s congressional testimony will play a key role in influencing the USD price dynamics and provide a fresh impetus to the EUR/USD pair."

More news about USD/CNH (USDCNH).

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