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USD/CNH Bearish By 2% In The Last 21 Sessions

ViaNews Editorial Team

January 2, 2024

USD/CNH Bearish By 2% In The Last 21 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 2.27% for the last 21 sessions. At 03:09 EST on Tuesday, 2 January, USD/CNH (USDCNH) is $7.14.

USD/CNH's yearly highs and lows, it's 0.378% up from its 52-week low and 0.015% down from its 52-week high.

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  • According to FXStreet on Tuesday, 2 January, "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. ", "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. "

More news about USD/CNH (USDCNH).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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