(VIANEWS) – USD/CNH (USDCNH) has been up by 3.12% for the last 21 sessions. At 17:08 EST on Tuesday, 28 February, USD/CNH (USDCNH) is $6.95.
USD/CNH’s yearly highs and lows, it’s 0.127% up from its 52-week low and 0.185% down from its 52-week high.
News about
- Usd/jpy price analysis: bears lurking near 136.50. According to FXStreet on Monday, 27 February, "In turn, USD/JPY rallied hard but it is now in a corrective territory as the following illustrates:"
- According to FXStreet on Monday, 27 February, "The only thing preventing USD/JPY from continuing to retrace towards 140 is the dip in Treasury yields yesterday.”"
- Usd/jpy: yen vulnerable to a further correction lower – MUFG. According to FXStreet on Monday, 27 February, "The recent move higher in US rates has helped to lift USD/JPY back above the 135.00level and it has continued to move closer to its’ 200-Day Moving Average that comes in at around 137.10."
- Usd/jpy remains on the defensive below YTD peak amid softer usd, bullish potential intact. According to FXStreet on Monday, 27 February, "Traders will further take cues from the broader risk sentiment to grab short-term opportunities around the USD/JPY pair.", "A softer tone surrounding the US Treasury bond yields trigger a modest US Dollar pullback from a seven-week high, which, in turn, is seen exerting some downward pressure on the USD/JPY pair. "
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