(VIANEWS) – USD/CNH (USDCNH) has been up by 2.32% for the last 21 sessions. At 21:07 EST on Tuesday, 5 September, USD/CNH (USDCNH) is $7.31.
USD/CNH’s yearly highs and lows, it’s 0.149% up from its 52-week low and 0.008% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be oversold (<=20).
Previous days news about USD/CNH (USDCNH)
- Usd/cnh bulls approach 7.2900 on softer China pmi, easing stimulus-driven optimism. According to FXStreet on Tuesday, 5 September, "Additionally, the US Dollar Index (DXY) rebound, backed by the upbeat Treasury bond yields also underpins the USD/CNH upside.", "However, the market’s lack of confidence in the Chinese measures to defend the economy, as well as the recent Sino-American tensions over Taiwan and the US businesses’ discomfort in Beijing, prod the market’s risk-on mood and propel the USD/CNH price."
More news about USD/CNH (USDCNH).
