(VIANEWS) – USD/CNH (USDCNH) has been up by 1.52% for the last 10 sessions. At 14:07 EST on Monday, 5 February, USD/CNH (USDCNH) is $7.22.
USD/CNH’s yearly highs and lows, it’s 0.147% up from its 52-week low and 0.083% down from its 52-week high.
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- According to FXStreet on Monday, 5 February, "A convincing break below the latter, however, might prompt aggressive technical selling and drag the USD/JPY pair below the 147.00 mark, towards the next relevant support near the 146.75-146.70 region. ", "Furthermore, the broader risk sentiment should contribute to producing short-term trading opportunities around the USD/JPY pair on the first day of a new week."
- According to DailyForex on Monday, 5 February, "The USD/JPY currency pair experienced a rapid upward surge, catching the attention of Wall Street, which found itself taken aback by the prospect that the Federal Reserve might not commence rate cuts in March. "
- Usd/jpy: three-month forecast lowered to 145.00 from 146.00 – rabobank. According to FXStreet on Monday, 5 February, "Our forecast of a move to USD/JPY 135.00 on a 12-month view assumes a rate rise from the BoJ this year. ", "Since risks of a spring rate rise appear to have strengthened further, we have lowered our three-month USD/JPY forecast to 145.00 from a previous forecast of 146.00."
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