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

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.93% for the last 10 sessions. At 22:06 EST on Thursday, 1 February, USD/CNH (USDCNH) is $7.19.

USD/CNH’s yearly highs and lows, it’s 0.046% up from its 52-week low and 0.029% down from its 52-week high.

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  • According to FXStreet on Thursday, 1 February, "USD/JPY caught a slight bid to push the pair back into the 147.00 handle heading into the Thursday market session after USD/JPY traders got a workout thanks to Wednesday’s outing from the US Federal Reserve (Fed) and Fed Chairman Jerome Powell."
  • According to DailyForex on Thursday, 1 February, "If the USD/JPY pair breaches this level, it would bring into play the 50-day Exponential Moving Average and eventually the 145 yen level. ", "In fact, the Japanese yen appears to be an unattractive asset for investors, irrespective of whether they are actively trading the USD/JPY pair. "
  • Usd/jpy catches a bid on static fed rate call, tests 146.80. According to FXStreet on Wednesday, 31 January, "The USD/JPY jostled in rough chart action after the Federal Reserve (Fed) left rates unchanged with additional cautionary concerns about needing the economic outlook to be more certain and better indicators that US inflation will fall to and stay at 2% moving forward."
  • According to DailyForex on Wednesday, 31 January, "Overall, the USD/JPY market maintains a general inclination towards an upward trajectory. "

More news about USD/CNH (USDCNH).

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