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USD/CNH Over 5% Down In The Last 21 Sessions

ViaNews Editorial Team

February 3, 2023

USD/CNH Over 5% Down In The Last 21 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 5.91% for the last 21 sessions. At 05:08 EST on Friday, 3 February, USD/CNH (USDCNH) is $6.74.

USD/CNH's yearly highs and lows, it's 0.177% up from its 52-week low and 0.155% down from its 52-week high.

Previous days news about USD/CNH (USDCNH)

  • Usd/cnh rebounds above 6.7500 despite caixin manufacturing PMI misses estimates. According to FXStreet on Wednesday, 1 February, "The USD/CNH pair has shown sheer volatility after the IHS Markit reported a lower-than-anticipated Caixin Manufacturing PMI data. "
  • Usd/cnh price analysis: eight-month-old support line, oversold RSI test bears near 6.7200. According to FXStreet on Thursday, 2 February, "However, the quote's sustained trading below the key SMAs and a downward-sloping trend line from early January keeps the USD/CNH bears hopeful.", "Following that, a downward sloping trend line from January 10, close to 6.7880, will be crucial for the USD/CNH buyers as a break of which could confirm a short-term upside. "

More news about USD/CNH (USDCNH).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.