(VIANEWS) – USD/CNH (USDCNH) has been up by 1.79% for the last 10 sessions. At 14:06 EST on Sunday, 10 March, USD/CNH (USDCNH) is $7.20.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.
News about
- Eur/usd could rise further in the very near term on soft NFP – danske bank. According to FXStreet on Friday, 8 March, "Economists at Danske Bank discuss the possibility of a short-term rise in EUR/USD due to USD weakness resulting from softer US data.", "If our expectation of a softer US labour market holds true, we could see EUR/USD rise further in the very near term. "
- According to FXStreet on Friday, 8 March, "Loosening US labor market conditions and Powell’s comments smashed the US Dollar to fresh one-month lows across its major counterparts, lifting the EUR/USD pair to a six-week high above 1.0900. ", "The EUR/USD pair broke through the critical 50-day Simple Moving Average (SMA) at 1.0857 on Wednesday, opening the door for further upside. "
- Eur/usd to edge higher if the fed and the ECB start their rate-cutting cycles at the same time – commerzbank. According to FXStreet on Friday, 8 March, "This means that if the Fed and the ECB start their rate-cutting cycles at the same time, ceteris paribus, this is an argument for higher EUR/USD rates. "
- Eur/usd edges higher to fresh multi-week tops around 1.0950, eyes on eurozone gdp, US NFP data. According to FXStreet on Friday, 8 March, "The EUR/USD pair gains ground to new multi-week tops around the mid-1.0900s during the early Asian trading hours on Friday. ", "(The story was corrected at 02:25 GMT on March 8 to say EUR/USD edges higher to frsh multi-week tops around 1.0950, eyes on Eurozone GDP, US "NFP" data instead of GDP data)"
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