USD/CNH Is 4% Down In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 4.05% for the last 21 sessions. At 03:08 EST on Tuesday, 21 February, USD/CNH (USDCNH) is $6.88.

USD/CNH’s yearly highs and lows, it’s 0.397% up from its 52-week low and 0.032% down from its 52-week high.

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  • Usd/jpy prints mild gains above 134.00 as sour sentiment, fed concerns joins firmer yields. According to FXStreet on Monday, 20 February, "Looking forward, Japan’s National Core Inflation numbers will join the second reading of the US fourth quarter (Q4) Gross Domestic Product to direct immediate USD/JPY moves. ", "USD/JPY pair’s successful trading above the 200-day Exponential Moving Average (EMA), around 133.80 by the press time, keeps USD/JPY buyers to aim for December 2022 peak surrounding 138.20."
  • Usd/jpy hovers around 134.30s as traders eye Japanese and US pmis, US housing data. According to FXStreet on Monday, 20 February, "The USD/JPY fluctuated in Monday’s session as US financial markets remained closed during President’s Day. ", "After reclaiming the 50-day Exponential Moving Average (EMA) at 132.73, the USD/JPY enjoyed a rally that peaked at around 135.11. "
  • Hints of a change to boj's ultra-dovish monetary policy could see usd/jpy sell off again – ING. According to FXStreet on Monday, 20 February, "Hints of change to the BoJ’s ultra-dovish monetary policy could pummel the USD/JPY pair, economists at ING r eport.", "Any hints of a change to the BoJ’s ultra-dovish monetary policy could see USD/JPY sell off again - dragging the broader Dollar with it."
  • Usd/jpy tracks firmer yields to rise past 134.00 despite hawkish boj talks, mixed Japan data. According to FXStreet on Tuesday, 21 February, "However, the talks that Kuroda will play his last shot strongly enough to mark his reign at the BoJ as a remarkable dovish one keep the USD/JPY buyers hopeful.", "Looking ahead, risk catalysts may entertain USD/JPY traders ahead of the first readings for the US February PMIs. "

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