(VIANEWS) – USD/CNH (USDCNH) has been up by 1.52% for the last 5 sessions. At 19:06 EST on Wednesday, 27 March, USD/CNH (USDCNH) is $7.26.
USD/CNH’s yearly highs and lows, it’s 0.059% up from its 52-week low and 0.012% down from its 52-week high.
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- According to FXStreet on Tuesday, 26 March, "The USD/JPY pair might then build on its well-established uptrend witnessed since January 2023. ", "This, in turn, should help limit any corrective decline for the USD/JPY pair ahead of the BoJ Core CPI later today and the US Personal Consumption Expenditures (PCE) Price Index data, scheduled for release on Friday."
- Usd/jpy alternates gains with losses near 151.50. According to FXStreet on Monday, 25 March, "So far, USD/JPY is up 0.06% at 151.40 and faces the next resistance at the 2024 peak of 151.86 (March 22) ahead of the 2023 high of 151.90 (November 13) and the 2022 top of 151.94 (October 21. "
- Usd/jpy: verbal intervention from Japanese officials to help dampen further upside in the near term – MUFG. According to FXStreet on Monday, 25 March, "However, we do expect verbal intervention from Japanese officials to help dampen further upside for USD/JPY in the near term. "
- Usd/jpy stuck in a stalemate zone, fated to eventually fall. According to FXStreet on Tuesday, 26 March, "​​We still see scope for USD/JPY to drop to at least 140.00 by year-end with risks of a move to the mid-130.00’s," adds MUFG.", "Institutional analysts are generally bearish about USD/JPY in the medium-to-long run. "
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