(VIANEWS) – USD/CNH (USDCNH) has been up by 1.93% for the last 21 sessions. At 18:10 EST on Friday, 8 December, USD/CNH (USDCNH) is $7.18.
USD/CNH’s yearly highs and lows, it’s 0.363% up from its 52-week low and 0.015% down from its 52-week high.
News about
- Eur/usd analysis: amid new bearish penetrations – 07 December 2023. According to DailyForex on Thursday, 7 December, "On the economic side, the EUR/USD is trading influenced by the results of recent economic data. ", "Currently, EUR/USD was stable around it at the time of writing the analysis and the lowest for the currency pair two weeks ago. "
- Eur/usd extends the decline below 1.0800, eurozone retail sales eyed. According to FXStreet on Wednesday, 6 December, "The EUR/USD pair remains under selling pressure below the 1.0800 psychological mark during the early Asian session on Wednesday. "
- Eur/usd posts modest gains around 1.0770 ahead of eurozone gdp, US jobless claims. According to FXStreet on Thursday, 7 December, " The EUR/USD pair posts modest gains during the early Asian section on Thursday. "
- Eur/usd sticks to modest recovery gains around 1.0775-80 area amid weaker USD. According to FXStreet on Thursday, 7 December, "In fact, the markets are now pricing in the possibility of a 142 bps cumulative rate cut in 2024, which should cap the EUR/USD pair.", "That said, a generally weaker tone around the equity markets should help limit losses for the safe-haven buck and cap any meaningful appreciating move for the EUR/USD pair."
- Eur/usd remains capped below 1.0800, all eyes are on US NFP data. According to FXStreet on Friday, 8 December, "The EUR/USD pair remains capped below the 1.0800 mark during the early Asian session on Friday. ", "Traders will take cues from these figures and find trading opportunities around the EUR/USD pair."
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