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

ViaNews Editorial Team

September 24, 2024

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

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.55% for the last 10 sessions. At 09:06 EST on Tuesday, 24 September, USD/CNH (USDCNH) is $7.02.

USD/CNH's yearly highs and lows, it's 0.003% up from its 52-week low and 0.649% down from its 52-week high.

News about

  • According to FXStreet on Monday, 23 September, "A breakthrough above this level could support the USD/JPY pair to test the psychological level of the 145.00.", "On the downside, the USD/JPY pair could test the 21-day Exponential Moving Average (EMA) at the 143.76 level, followed by the nine-day EMA at the 143.00 level. "
  • Usd/jpy price forecast: slips on soft US pmis, drops below 144.00. According to FXStreet on Monday, 23 September, "Conversely, if USD/JPY buyers move in and push prices above 144.00, further upside lies above the September 20 high of 144.49.", "The USD/JPY snapped two days of gains and dropped late in the North American session following softer-than-expected US economic data, fueling rate cut speculation by the Federal Reserve. "
  • According to FXStreet on Tuesday, 24 September, "The USD/JPY pair may weaken due to increasing expectations for further rate cuts by the US Federal Reserve (Fed) in 2024. ", "On the downside, the USD/JPY pair may test the nine-day EMA at the 143.01 level. "

More news about USD/CNH (USDCNH).

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.