(VIANEWS) - USD/CNH (USDCNH) has been up by 1.62% for the last 21 sessions. At 08:07 EST on Thursday, 8 August, USD/CNH (USDCNH) is $7.17.
USD/CNH's yearly highs and lows, it's 0.222% up from its 52-week low and 0.199% down from its 52-week high.
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- Eur/usd strengthens above 1.0900 on softer US dollar, eyes on geopolitical risks. According to FXStreet on Thursday, 8 August, "The EUR/USD pair rebounds to near 1.0935, snapping the two-day losing streak during the Asian trading hours on Thursday. ", "Nonetheless, the risk-off sentiment might cap the upside of EUR/USD amid the escalating geopolitical risks. "
- Eur/usd bounces off 1.0900 mark, keeps the red amid modest USD strength. According to FXStreet on Wednesday, 7 August, "The EUR/USD pair remains under some selling pressure for the second straight day on Wednesday, albeit manages to hold its neck above the 1.0900 mark through the early European session. ", "From a technical perspective, a sustained break and acceptance below the 1.0900 mark could be seen as a key trigger for bearish traders and pave the way for some meaningful downside for the EUR/USD pair. "
- Eur/usd flirts with break below 1.09 while greenback sets the record straight. According to FXStreet on Tuesday, 6 August, "With that firm rejection at the psychological level and with the price action now falling back below that red descending trend line, it looks like EUR/USD will need to find support in order to regain strength for the next leg higher. ", "Should EUR/USD be able to rally above there, another leg higher to December's peak at 1.1139 comes into focus. "
- Eur/usd extends its decline near 1.0900 on the recovery of US dollar. According to FXStreet on Wednesday, 7 August, "The EUR/USD pair trades on a softer note near 1.0915 after retracing from seven-month highs of nearly 1.1008 during the Asian trading hours on Wednesday. "
- According to FXStreet on Wednesday, 7 August, "That would be entirely consistent with EUR/USD trading above 1.10 even when factoring in the softer risk sentiment (as measured by global stocks performance), ING's FX strategist Francesco Pesole notes."
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