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USD/CNH Bearish By 5% In The Last 21 Sessions

USD/CNH Bearish By 5% In The Last 21 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 5.29% for the last 21 sessions. At 15:09 EST on Friday, 24 March, USD/CNH (USDCNH) is $6.87.

USD/CNH's yearly highs and lows, it's 0.661% up from its 52-week low and 0.212% down from its 52-week high.

News about

  • Usd/jpy consolidates around mid-132.00s, just below weekly high ahead of the fed. According to FXStreet on Wednesday, 22 March, "The USD/JPY pair struggles to capitalize on the previous day's rally of over 150 pips and oscillates in a narrow band below the weekly high touched earlier this Wednesday. ", "Investors will look for fresh cues about the future rate-hike path, which, in turn, will play a key role in influencing the near-term US Dollar price dynamics and provide a fresh directional impetus to the USD/JPY pair. "
  • Usd/jpy: world’s most sophisticated pair set for volatility - 22 March 2023. According to DailyForex on Wednesday, 22 March, "Technical trading is an important method to gauge behavioral sentiment in the USD/JPY and today's coming results may present a variety of challenges. ", "The USD/JPY in many respects acts as a barometer for risk appetite in the broad global marketplace. "
  • Usd/jpy forecast: USD rallies against yen before fed meeting - 22 March 2023. According to DailyForex on Wednesday, 22 March, "As the Fed raises interest rates, rates could potentially rise across the board, exerting additional downward pressure on the yen and allowing the USD/JPY pair to climb higher."

More news about USD/CNH (USDCNH).

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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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