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

ViaNews Editorial Team

November 28, 2023

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

(VIANEWS) - USD/CNH (USDCNH) has been up by 2.19% for the last 21 sessions. At 00:10 EST on Tuesday, 28 November, USD/CNH (USDCNH) is $7.16.

USD/CNH's yearly highs and lows, it's 0.23% up from its 52-week low and 0.088% down from its 52-week high.

News about

  • Analysis of the US dollar against the Japanese yen usd/jpy :the chance of returning to its record levels - 27 November 2023. According to DailyForex on Monday, 27 November, "In the long term and according to the performance on the daily chart, it appears that the US Dollar against the Japanese Yen USD/JPY is being traded within a descending channel. ", "According to fundamental analysis, the USD/JPY currency pair is being traded affected by the results of the latest economic data. "
  • Usd/jpy forecast: find buyers underneath - 27 November 2023. According to DailyForex on Monday, 27 November, "Leveraging the Persistent Strength of the USD/JPY PairA breakthrough above the ¥152 level would set the stage for the next target at the ¥155 level.", "The support at the 50-Day EMA and the ¥147.80 level, combined with the favorable interest rate differential and the dollar's safe-haven appeal, all contribute to a bullish outlook for the USD/JPY pair. "
  • Usd/jpy extends the range-bound theme around 149.50 ahead of the US housing data. According to FXStreet on Monday, 27 November, "The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s during the early Asian session on Monday. ", "In the absence of top-tier economic data released from the Japanese docket this week, the USD/JPY pair remains at the mercy of USD price dynamics. "

More news about USD/CNH (USDCNH).

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.