(VIANEWS) – USD/CNH (USDCNH) has been up by 0.93% for the last 10 sessions. At 00:06 EST on Wednesday, 27 March, USD/CNH (USDCNH) is $7.25.
USD/CNH’s yearly highs and lows, it’s 0.105% up from its 52-week low and 0.066% down from its 52-week high.
News about
- Usd/jpy: verbal intervention from Japanese officials to help dampen further upside in the near term – MUFG. According to FXStreet on Monday, 25 March, "However, we do expect verbal intervention from Japanese officials to help dampen further upside for USD/JPY in the near term. "
- Usd/jpy stuck in a stalemate zone, fated to eventually fall. According to FXStreet on Tuesday, 26 March, "Institutional analysts are generally bearish about USD/JPY in the medium-to-long run. ", "ING are not as convinced USD/JPY will go lower arguing such a move would be dependent on the US Federal Reserve cutting interest rates, something still not guaranteed."
- Usd/jpy to drop to at least 140.00 by year-end – MUFG. According to FXStreet on Monday, 25 March, "We still see scope for USD/JPY to drop to at least 140.00 by year-end with risks of a move to the mid-130.00’s. "
- According to FXStreet on Tuesday, 26 March, "The declining FX volatility may keep the Japanese Yen pressured by funding demand for carry trades, making USD/JPY even more reliant on a move in USD rates, economists at ING say.", "Our call remains bearish on USD/JPY moving forward, but in the very short term, the pair may retest the 152.00+ ‘verbal intervention’ area."
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