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MarketFX

USD/CNH Over 2% Down In The Last 21 Sessions

ViaNews Editorial Team

December 14, 2023

USD/CNH Over 2% Down In The Last 21 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 2.45% for the last 21 sessions. At 17:11 EST on Thursday, 14 December, USD/CNH (USDCNH) is $7.14.

USD/CNH's yearly highs and lows, it's 0.122% up from its 52-week low and 0.157% down from its 52-week high.

News about

  • Usd/jpy forecast: looking to move against yen - 14 December 2023. According to DailyForex on Thursday, 14 December, "As the end of the year approaches, these central bank decisions will provide vital clues about the future course of the USD/JPY pair. ", "In summary, the USD/JPY market is currently navigating a period of anticipation and uncertainty, with key influences coming from central bank policies. "
  • Usd/jpy grinds into the middle just above 145.00 ahead of the year’s final fed rate call. According to FXStreet on Wednesday, 13 December, "The USD/JPY is seeing a rough box forming on the intraday charts as the technicals take a step down against major fundamental events, leaving the pair to cycle around 145.50 in the midweek market session.", "The USD/JPY is getting boxed into a tight consolidation range as markets hunker down ahead of the US Federal Reserve's (Fed) final appearance for 2023. "
  • Usd/jpy price analysis: set to extend losses as bears take control. According to FXStreet on Tuesday, 12 December, "On Tuesday, the USD/JPY registered losses of 0.48% as a bearish harami candlestick chart pattern formed, suggesting the major is headed to extend its losses. ", "The USD/JPY is neutral to downward based after diving below key support levels, like the Ichimoku Cloud. "
  • Usd/jpy analysis: eyes turn cautiously to the federal reserve's decisions - 13 December 2023. According to DailyForex on Wednesday, 13 December, "Since the start of trading this week, the price of the USD/JPY has been trying to rebound higher. ", "Thus, that's indicating that the USD/JPY may be among the most volatile pairs after the Fed announced its decision."
  • Usd/jpy analysis: the future will continue to be determined by central bank policies. - 12 December 2023. According to DailyForex on Tuesday, 12 December, "Technically, the price of the USD/JPY formed lower highs linked to a trend line that has been holding since mid-November. ", "finally, in the absence of any new BOJ headlines, USD/JPY traders may now focus their eyes on US inflation data and the Fed's decision. "

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.