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USD/CNH Over 1% Up In The Last 5 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.69% for the last 5 sessions. At 15:06 EST on Sunday, 24 March, USD/CNH (USDCNH) is $7.27.

USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.

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  • According to FXStreet on Friday, 22 March, "Apart from this, some follow-through US Dollar (USD) buying interest should help limit the downside for the USD/JPY pair.", "This, along with the prevalent risk-on environment, which tends to dent demand for the safe-haven JPY, favours the USD/JPY bulls. "
  • It is only a matter of time before usd/jpy makes new cyclical highs – BBH. According to FXStreet on Friday, 22 March, "Bottom line: we think it’s only a matter of time before USD/JPY makes new cyclical highs."

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