(VIANEWS) - USD/CNH (USDCNH) has been up by 2.53% for the last 21 sessions. At 03:08 EST on Monday, 18 December, USD/CNH (USDCNH) is $7.13.
USD/CNH's yearly highs and lows, it's 0.028% up from its 52-week low and 0.031% down from its 52-week high.
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- Eur/usd tumbles below 1.0900 as data trumps ECB hawkishness. According to FXStreet on Friday, 15 December, "The EUR/USD tumbled sharply late in the New York session after hitting a ten-day high of 1.1009, but better than expected data from the United States (US), coupled with weaker than expected business activity report from the Eurozone (EU) was the perfect storm for the bears. ", "Although Powell failed to push back against speculations on rate cuts, it exacerbated the EUR/USD rally past the 1.1000 mark."
- According to FXStreet on Friday, 15 December, "Today, disappointing European PMI data have prevented EUR/USD from kicking on after breaking above 1.10 on Thursday and that is going to be a familiar pattern as long as the European economy struggles."
- According to FXStreet on Friday, 15 December, "The EUR/USD pair showed no immediate reaction to these comments and was last seen trading flat on the day at around 1.0990."
- Eur/usd gathers strength near 1.1000 ahead of the eurozone US PMI data. According to FXStreet on Friday, 15 December, "The EUR/USD pair gains momentum near the 1.1000 mark during the early Asian session on Friday. ", "In response to the ECB's decision, the Euro (EUR) attracted some buyers and lifted the EUR/USD pair. "
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