Headlines

USD/CNH Bearish Momentum: 0.91% Down In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 0.91% for the last 10 sessions. At 10:06 EST on Tuesday, 2 April, USD/CNH (USDCNH) is $7.25.

USD/CNH’s yearly highs and lows, it’s 0.018% up from its 52-week low and 0.15% down from its 52-week high.

News about

  • Eur/usd trades on a weaker note below 1.0800, investors await the US PMI data. According to FXStreet on Monday, 1 April, "The EUR/USD pair trades on a weaker note near 1.0787 on the renewed US dollar (USD) demand during the early Asian session on Monday. ", "The higher-for-longer stance from the Federal Reserve (Fed) provides some support to the Greenback and weighs on the EUR/USD pair. "
  • Eur/usd dips below 1.0750 on strong US ISM PMI reading. According to FXStreet on Monday, 1 April, "Following the data, the EUR/USD has extended its losses past the psychological 1.0750 figure, which could exacerbate a test of the February 14 swing low of 1.0694.", "The EUR/USD daily chart portrays the pair as aiming toward the 1.0700 figure, ahead of challenging 1.0694, February’s 14 low. "
  • Eur/usd attracts some sellers near 1.0730, eyes on fedspeaks. According to FXStreet on Tuesday, 2 April, "The EUR/USD pair remains under selling pressure, reaching nearly weekly lows of 1.0730 on Tuesday during the early Asian trading hours. ", "The dovish comments from the ECB policymakers exert some selling pressure on the Euro (EUR) and act as a headwind for the EUR/USD pair. "
  • Eur/usd faces pressure near 1.0800 ahead of data-packed week. According to FXStreet on Monday, 1 April, "The EUR/USD pair falls after a pullback move to near the round-level resistance of 1.0800 in the late London session. "

More news about USD/CNH (USDCNH).

Leave a Reply

Your email address will not be published. Required fields are marked *