(VIANEWS) – USD/CNH (USDCNH) has been up by 0.8047% for the last session’s close. At 14:07 EST on Monday, 11 September, USD/CNH (USDCNH) is $7.30.
USD/CNH (USDCNH) Range
About USD/CNH’s daily highs and lows, it’s 0.681% down from its trailing 24 hours low of $7.35 and 0.791% down from its trailing 24 hours high of $7.36.
USD/CNH’s yearly highs and lows, it’s 0.174% up from its 52-week low and 0.795% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be oversold (<=20).
News about
- Usd/jpy slides below mid-146.00s, multi-day low in wake to ueda hawkish comments. According to FXStreet on Monday, 11 September, "This, along with a modest US Dollar (USD) pullback from a six-month peak, contributes to the offered tone surrounding the USD/JPY pair.", "The buying interest around the Japanese Yen (JPY) remains unabated through the Asian session on Monday and drags the USD/JPY pair to a multi-day low, around the 146.35 region in the last hour. "
- According to DailyForex on Monday, 11 September, "The Japanese Yen has gained strongly today, withthe USD/JPY currency pairdown by more than 1,.15%, wiping out all last week’s gains, and calling into question whether the current bullish trend in that currency pair has already seen a long-term high."
- Forex today: boj’s ueda smashes usd/jpy, US dollar suffers. According to FXStreet on Monday, 11 September, "The main reason behind the decline in the US Dollar could be linked to the ongoing sell-off in the USD/JPY pair. ", "The Japanese Yen witnessed a big-figure bullish opening gap against the Greenback, smashing USD/JPY below 147.00, as Asian traders reacted to the weekend’s hawkish comments delivered by Bank of Japan (BoJ) Governor Kazuo Ueda. "
- Usd/jpy sticks to intraday losses below 147.00, bears await break below 200-hour SMA. According to FXStreet on Monday, 11 September, "The outlook, meanwhile, remains supportive of elevated US Treasury bond yields, which helps limit a modest US Dollar (USD) pullback from its highest level since March 8 touched last week and acts as a tailwind for the USD/JPY pair, at least for now.", "The USD/JPY pair opened with a big 85 pips bearish gap on the first day of a new week and remains depressed below the 147.00 mark through the first half of the Asian session. "
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