(VIANEWS) – USD/CNH (USDCNH) has been up by 1.75% for the last 21 sessions. At 00:06 EST on Friday, 23 August, USD/CNH (USDCNH) is $7.14.
USD/CNH’s yearly highs and lows, it’s 0.021% up from its 52-week low and 0.157% down from its 52-week high.
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- According to FXStreet on Wednesday, 21 August, "And we arereluctant to fight this EUR/USD bull trend ahead of a slowing US economy and the first Fed cut in September.", "Apologies for the obvious comment, but were it not for the mighty dollar, EUR/USD would now be a lot higher."
- Eur/usd weakens below 1.1150 ahead of eurozone/us PMI data. According to FXStreet on Thursday, 22 August, "The EUR/USD pair trades with mild losses near 1.1145, snapping the four-day winning streak during the Asian session on Thursday. "
- Eur/usd slides yet clings to 1.1100 as market awaits powell’s speech. According to FXStreet on Thursday, 22 August, "From a technical standpoint, the EUR/USD formed a ‘quasi bearish harami’ two-candle bearish chart pattern, yet sellers failed to push the exchange rate below 1.1100, which would’ve paved the way for further downside.", "Ahead of the day, EUR/USD traders will eye the release of France Business Confidence data. "
- Eur/usd holds below 1.1150 amid cautious mood, all eyes on FOMC minutes. According to FXStreet on Wednesday, 21 August, "The EUR/USD pair loses momentum around 1.1120, snapping the three-day winning streak during the early European session on Wednesday. "
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