(VIANEWS) – USD/CNH (USDCNH) has been up by 1.14% for the last 5 sessions. At 15:11 EST on Sunday, 30 July, USD/CNH (USDCNH) is $7.15.
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
- According to FXStreet on Friday, 28 July, "At the time of writing, EUR/USD is trading almost unchanged on the day at 1.0970."
- According to FXStreet on Friday, 28 July, "Following the dovish Fed and strong US economic data, the US Dollar clings to recovery gains, keeping EUR/USD in weekly lows on the 1.0900 level.. ", "FXStreet Analyst Dhwani Mehta offers a brief technical outlook for EUR/USD and explains: "Having breached the critical 21-day Simple Moving Average (SMA) on a daily closing basis on Thursday, Euro sellers are extending control heading toward the US PCE Inflation data release. "
- According to FXStreet on Friday, 28 July, "The Euro (EUR) continues to face significant pressure and loses ground against the US Dollar (USD) as the week comes to a close, resulting in EUR/USD weakening to levels not seen in three weeks, near 1.0940.", "The constructive view of EUR/USD appears unchanged as long as the pair trades above the key 200-day SMA."
- Eur/usd bounces off 1.0950 support as German, US inflation cues loom. According to FXStreet on Friday, 28 July, "That said, the recently positive mood in the market, amid hopes of a sooner end to the restrictive monetary policies at major central banks, seems to weigh on the US Dollar and allow the EUR/USD to print a corrective bounce.", "Moving on, the first prints of the German GDP and inflation clues will precede the Fed’s favorite inflation gauge, namely the Core Personal Consumption Expenditure (PCE) Price Index for June, to entertain the EUR/USD moves. "
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