(VIANEWS) – USD/CNH (USDCNH) has been up by 3.78% for the last 21 sessions. At 04:11 EST on Wednesday, 22 February, USD/CNH (USDCNH) is $6.90.
USD/CNH’s yearly highs and lows, it’s 0.244% up from its 52-week low and 0.054% down from its 52-week high.
News about
- Eur/usd price analysis: remains pressured towards 1.0630-15 support area. According to FXStreet on Monday, 20 February, "With this, the EUR/USD bears are all set to revisit the 1.0630-15 support area comprising multiple levels marked since early January 2023.", "Following that, the 1.0600 and 1.0500 may entertain the EUR/USD sellers before directing them to the previous monthly low surrounding 1.0480. "
- Eur/usd to fall back towards support from the 200-dma at around 1.0330 – MUFG. According to FXStreet on Monday, 20 February, "Therefore, economists at MUFG Bank expect the EUR/USD pair to challenge the 200-Day Moving Average (DMA) at around 1.0330.", "We are expecting the EUR/USD pair to fall back towards support from the 200-DMA that comes in at around 1.0330."
- Eur/usd: hawkish ECB talks, upbeat EU data tease bulls near 1.0700, pmis in focus. According to FXStreet on Monday, 20 February, "Against this backdrop, Wall Street was closed and US Treasury yields eased, which in turn weighed on the US Dollar Index (DXY) and allowed the EUR/USD to remain firmer, defending Friday’s rebound from the six-week low.", "Moving on, the return of full markets may highlight the geopolitical fears surrounding the US-China tussles over Taiwan and balloon shooting, not to forget the North Korean missile firing, to weigh on the sentiment and the EUR/USD prices."
More news about USD/CNH (USDCNH).
