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MarketFX

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

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

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.09% for the last 10 sessions. At 17:06 EST on Monday, 8 April, USD/CNH (USDCNH) is $7.24.

USD/CNH's yearly highs and lows, it's 0.144% up from its 52-week low and 0.187% down from its 52-week high.

News about

  • Eur/usd price analysis: falls to near 1.0830 as bearish stance remains robust. According to FXStreet on Monday, 8 April, "Additionally, technical analysis suggests a bearish sentiment for the EUR/USD pair. ", "The EUR/USD pair could find immediate support at the psychological level of 1.0800. "
  • Eur/usd analysis: bearish performance - 08 April 2024. According to DailyForex on Monday, 8 April, "The decline in the EUR/USD price accelerated, as the pair fell to its lowest level since February 15 of this year. ", "Overall, the EUR/USD pair has been in a strong downward trend for the past few weeks. "
  • Eur/usd rebounds to 1.0850 as market sentiment improves, US inflation in focus. According to FXStreet on Monday, 8 April, "The EUR/USD pair bounces back to 1.0850 in Monday's early American session as appeal for risky assets improve. "
  • Eur/usd trades with modest losses amid stronger usd, holds above 1.0800 mark. According to FXStreet on Monday, 8 April, "In the meantime, rising bets for a June rate cut by the ECB, reaffirmed by softer Eurozone consumer inflation figures last week, might continue to weigh on the Euro and keep the EUR/USD bulls on the defensive. ", "The EUR/USD pair struggles to capitalize on Friday's goodish rebound of around 50 pips from sub-1.0800 levels and meets with a fresh supply during the Asian session on Monday. "
  • Eur/usd forex signal: consolidating below $1.0848 - 08 April 2024. According to DailyForex on Monday, 8 April, "My previous EUR/USD signal on 26thMarchproduced a profitable short trade from the resistance level which I had identified at $1.0855.", "In my previous analysis ofthe EUR/USD currency pairalmost two weeks ago, I wrote that although there was a descending trend line above, as there were several support and resistance levels so close by, the price was likely to range and be prone to reversals. "

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.