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MarketFX

USD/CNH Over 1% Down In The Last 21 Sessions

ViaNews Editorial Team

January 3, 2024

USD/CNH Over 1% Down In The Last 21 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.91% for the last 21 sessions. At 17:06 EST on Wednesday, 3 January, USD/CNH (USDCNH) is $7.16.

USD/CNH's yearly highs and lows, it's 0.286% up from its 52-week low and 0.141% down from its 52-week high.

News about

  • Usd/jpy holds positive ground above 142.00, eyes on US pmi, FOMC minutes. According to FXStreet on Tuesday, 2 January, "The USD/JPY pair edges higher above the 142.00 mark during the early Asian session on Wednesday. ", "The US Nonfarm Payrolls (NFP) will be a closely watched event and could keep a clear direction for the USD/JPY pair."
  • Usd/jpy analysis: gains May remain cautious - 03 January 2024. According to DailyForex on Wednesday, 3 January, "As trading in 2024 began, the USD/JPY pair attempted to recover, with gains reaching the 142.41 resistance level, which is stable at the time of writing."
  • Usd/jpy soars above the 143.00 figure on US bond yields advance. According to FXStreet on Wednesday, 3 January, "The USD/JPY rises sharply during the North American session after economic data from the United States (US) prompted investors to extend the US bond sell-off, as the US 10-year bond yield is back above the 4% threshold. ", "The USD/JPY daily chart depicts the pair as downward biased despite posting a leg-up of more than 140 pips, above the 143.00 figure. "
  • According to FXStreet on Wednesday, 3 January, "This might provide some impetus to the USD/JPY pair during the North American session. ", "The USD, on the other hand, enters a bullish consolidation phase after recording its biggest daily percentage gains since October on Tuesday and caps the USD/JPY pair's overnight rally of over 140 pips. "
  • According to FXStreet on Tuesday, 2 January, "Finally, the USD/JPY trades around 142.00, while Gold saw little action, ending the day with modest losses at around $2,060 a troy ounce."

More news about USD/CNH (USDCNH).

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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.