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

ViaNews Editorial Team

November 29, 2023

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

(VIANEWS) - USD/CNH (USDCNH) has been up by 2.56% for the last 21 sessions. At 01:14 EST on Wednesday, 29 November, USD/CNH (USDCNH) is $7.13.

USD/CNH's yearly highs and lows, it's 0.004% up from its 52-week low and 0.451% down from its 52-week high.

News about

  • According to DailyForex on Tuesday, 28 November, "In the Forex market, the US Dollar is the weakest major currency over the short term, while the Japanese Yen is the strongest, putting the USD/JPY currency pair in focus. "
  • 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. "
  • According to FXStreet on Tuesday, 28 November, "This, along with speeches by influential FOMC members, will drive the USD demand and provide some impetus to the USD/JPY pair later during the North American session.", "A sustained strength beyond could lift the USD/JPY pair beyond the 150.00 psychological mark, towards the 150.35 resistance zone. "

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.

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