(VIANEWS) – USD/CNH (USDCNH) has been up by 2.33% for the last 21 sessions. At 15:14 EST on Thursday, 30 November, USD/CNH (USDCNH) is $7.15.
USD/CNH’s yearly highs and lows, it’s 0.386% up from its 52-week low and 0.048% down from its 52-week high.
News about
- Eur/usd settling back after testing 15-week high above 1.1000. According to FXStreet on Tuesday, 28 November, "The EUR/USD is easing back into the 1.0980 neighborhood after tipping into a 15-weekhigh just above 1.1000, bolstered by a broad-market uptick in risk appetite, pushing the US Dollar (USD) down across the board and into the red against all other major currencies on Tuesday.", "The Relative Strength Index (RSI) is flashing warning signs that the EUR/USD may have gone too far, too quickly with the signal line testing into the overbought boundary line, and the pair could see an extended pullback if bears are able to capitalize on any profit-taking."
- Eur/usd to rise towards 1.10 on a break past 1.0960 resistance – socgen. According to FXStreet on Tuesday, 28 November, "Month-end equity portfolio rebalancing flows could renew EUR/USD buying interest this week and guide the pair back above 1.0960 resistance which stands in the way of a rise to 1.10.", "The combination of China stimulus (housing/ foreign orders) and lower oil prices are supportive for higher EUR/USD so long as the bear steepening in US yields does not reignite."
- According to FXStreet on Tuesday, 28 November, "A return to 0.9713 (200-DMA) still appears ambitious with a push in EUR/USD above 1.10."
More news about USD/CNH (USDCNH).
