(VIANEWS) – USD/CNH (USDCNH) has been up by 2.13% for the last 21 sessions. At 00:09 EST on Friday, 8 September, USD/CNH (USDCNH) is $7.35.
USD/CNH’s yearly highs and lows, it’s 0.274% up from its 52-week low and 0.091% 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 ignores China FX intervention to print three-day uptrend near 7.3200 on economic fears. According to FXStreet on Wednesday, 6 September, "However, concerns that property market restrictions in the Dragon Nation are negative, per the Chinese media, seem to keep the USD/CNH buyers hopeful.", "Looking ahead, the US ISM Services PMI for August, expected 52.6 versus 52.7 prior, as well as the final readings of the US S&P Global PMIs for the said month, will be important for clear directions of the USD/CNH price."
- Usd/cnh: Yuan stays depressed at 13-day low despite mixed China trade data, focus on fed signals. According to FXStreet on Thursday, 7 September, "Having witnessed another downbeat clue for China’s economy, the USD/CNH traders should wait for the second-tier US employment and activity data, as well as speeches from a slew of Fed policymakers for clear directions."
More news about USD/CNH (USDCNH).
