(VIANEWS) – USD/CNH (USDCNH) has been up by 1.96% for the last 21 sessions. At 06:07 EST on Thursday, 4 January, USD/CNH (USDCNH) is $7.16.
USD/CNH’s yearly highs and lows, it’s 0.101% up from its 52-week low and 0.123% down from its 52-week high.
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- Usd/jpy rebounds from 141.00 as greenback climbs from recent lows. According to FXStreet on Tuesday, 2 January, "The USD/JPY rebounded on Tuesday, testing 142.00 after a clean bounce from the 141.00 handle to kick off the first trading week of 2024.", "The pair’s rebound from a 22-week low near 140.25 sees the USD/JPY making a climb back towards the 200-day SMA near the 143.00 handle, with near-term action favoring bidders as technical indicators roll over from deep within oversold territory. "
- Usd/jpy hesitates just shy of 143.75. According to FXStreet on Wednesday, 3 January, "The USD/JPY drove higher on Wednesday as the US Dollar (USD), the day’s single best-performing currency clambered over the Yen (JPY), the day’s biggest loser. ", "The USD/JPY climbed one and a third percent bottom-to-top for the midweek market session, slipping back from just below 143.75 to wrap up Wednesday’s trading just above the 143.00 handle."
- According to FXStreet on Tuesday, 2 January, "The Japanese Yen (JPY) ticks lower against its American counterpart and lifts the USD/JPY pair beyond mid-142.00s amid lighter trading volumes during the Asian session on Monday. ", "From a technical perspective, the recent breakdown and acceptance below the 200-day Simple Moving Average (SMA) was seen as a fresh trigger for the USD/JPY bears. "
- Usd/jpy soars above the 143.00 figure on US bond yields advance. According to FXStreet on Wednesday, 3 January, "The USD/JPY daily chart depicts the pair as downward biased despite posting a leg-up of more than 140 pips, above the 143.00 figure. ", "The USD/JPY rises sharply during the North American session after economic data from the United States (US) prompted investors to extend the US bond sell-off, as the US 10-year bond yield is back above the 4% threshold. "
- According to FXStreet on Wednesday, 3 January, "This might provide some impetus to the USD/JPY pair during the North American session. ", "On the flip side, the 141.55 zone now seems to protect the immediate downside, below which the USD/JPY pair could slide back to the 141.00 round figure. "
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