USD/CNH Bearish By 4% In The Last 21 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 4.47% for the last 21 sessions. At 04:06 EST on Wednesday, 15 February, USD/CNH (USDCNH) is $6.85.

USD/CNH’s yearly highs and lows, it’s 0.363% up from its 52-week low and 0.07% down from its 52-week high.

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  • According to FXStreet on Monday, 13 February, "It should be noted that the Japanese government is up for formally announcing their nominations for the BoJ leadership on Tuesday, making Bloomberg’s piece important for the USD/JPY pair traders. ", "That said, the USD/JPY pair remains mildly bid near 132.40 amid the market’s cautious optimism during early Tuesday morning in Asia."
  • Usd/jpy forex signal: to retest 134.76 if this happens – 14 February 2023. According to DailyForex on Tuesday, 14 February, "The USD/JPY pair initially slumped to a low of 129.76 on Friday and then pared back those losses to about 132.85.", "Therefore, the USD/JPY pulled back after media reports said that the next governor will be Kazuo Uoda, a macroeconomics expert. "
  • Usd/jpy price analysis: rejected at 133.00 but remains firm at around 132.40s. According to FXStreet on Monday, 13 February, "If the report shows that inflation continues to edge lower, the USD/JPY could aim toward the 200-EMA at 131.49, ahead of the 131.00 figure. ", "Nevertheless, the USD/JPY might begin trading in a higher range, within the 131.80-133.00 area, ahead of US inflation data to be revealed on Tuesday, around 13:30 GMT"
  • Usd/jpy stays above 132.00 on Japan gdp, boj nominations, US inflation eyed. According to FXStreet on Tuesday, 14 February, "Following the data, the USD/JPY pair bounced off its intraday low before reversing to 132.25 by the press time.", "Moving on, the Japanese government announcement and the US CPI for January, expected 6.2% YoY versus 6.5% prior, will be crucial for the USD/JPY traders to watch for clear directions."

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