(VIANEWS) – USD/CNH (USDCNH) has been up by 5.28% for the last 21 sessions. At 07:06 EST on Tuesday, 7 February, USD/CNH (USDCNH) is $6.79.
USD/CNH’s yearly highs and lows, it’s 0.243% up from its 52-week low and 0.135% down from its 52-week high.
News about
- Eur/usd price analysis: treads water beyond 1.0760 key support. According to FXStreet on Monday, 6 February, "To sum up, EUR/USD stays on the buyer’s radar unless it breaks the 1.0760 support confluence.", "In a case where EUR/USD defies the bearish channel formation, Friday’s peak of 1.0930 and the monthly high surrounding 1.1033 may entertain the bulls."
- Eur/usd forex signal: room for more downside – 06 February 2023. According to DailyForex on Monday, 6 February, "The EUR/USD price has been in a strong downward trend after the latest American jobs numbers. ", "The EUR/USD price came under intense pressure after an extremely busy week that saw the Federal Reserve and the European Central Bank (ECB) make their first decisions of the year. "
- According to FXStreet on Monday, 6 February, "Assuming that the China reopening story continues to evolve positively, we think this confluence of factors can drive EUR/USD steadily higher throughout 2023. ", "Sustained EUR/USD gains beyond 1.15 may be harder to achieve in the second half - especially if US debt ceiling negotiations are pushed to the limit."
- Eur/usd dives beneath 1.0750 to 4-week lows around 1.0720s. According to FXStreet on Monday, 6 February, "After last Friday’s US NFP report, the EUR/USD broke crucial support at the 100-day Exponential Moving Average (EMA) at 1.0850. ", "The EUR/USD extended its fall to new four-week lows at around 1.0720s due to broad US Dollar (USD) strength after last Friday’s data reaffirmed the need for higher interest rates in the United States. "
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