(VIANEWS) – USD/CNH (USDCNH) has been up by 1.2428% for the last session’s close. At 15:12 EST on Monday, 13 March, USD/CNH (USDCNH) is $6.85.
USD/CNH (USDCNH) Range
Concerning USD/CNH’s daily highs and lows, it’s 0.73% down from its trailing 24 hours low of $6.90 and 1.901% down from its trailing 24 hours high of $6.98.
USD/CNH’s yearly highs and lows, it’s 0.309% up from its 52-week low and 1.195% down from its 52-week high.
News about
- Usd/jpy plunges to 133.50 as bearish sentiment for USD prevails. According to FXStreet on Monday, 13 March, "The daily pivot support levels for USD/JPY are 133.65, 132.44, and 130.77, while the resistance levels are 136.53, 138.20, and 139.41.", "There is no critical economic event on the day that may affect the price of USD/JPY on Monday, the week’s first and relatively silent day."
- Usd/jpy traces recovery in yields to bounce off one-month low towards 135.00, US inflation, boj minutes eyed. According to FXStreet on Monday, 13 March, "Looking forward, Wednesday’s BoJ Minutes will be crucial to confirm the latest hawkish bias for the Japanese central bank’s next move, which in turn can weigh on the USD/JPY prices if matching market forecasts. ", "However, firmer prints of the US consumer-centric numbers could renew hawkish Fed bets ahead of the all-important MarchFederal Open Market Committee(FOMC) and may recall the USD/JPY bulls."
- Usd/jpy traces recovery in yields to bounce off one-month low towards 135.00, US inflation, boj minutes eyed. According to FXStreet on Monday, 13 March, "Although the 200-day Exponential Moving Average (EMA) restricts short-term USD/JPY downside near 134.00, the Yen pair’s latest recovery needs validation from the 100-day EMA level surrounding 135.00.", "Despite the risk-on mood, escalating hawkish bets on the BoJ’s next move, especially after Kuroda’s retirement, seem to exert downside pressure on the USD/JPY prices. "
- Usd/jpy price analysis: yen renews one-month low near 134.00 as bears approach 50-dma. According to FXStreet on Monday, 13 March, "However, the early February swing highs near 132.90 seem to prod the USD/JPY sellers of late.", "A clear U-turn from the 200-DMA, as well as a downside break of the 100-DMA, joins a sustained downside break of a five-week-old bullish channel to favor USD/JPY sellers. "
- According to FXStreet on Monday, 13 March, "We may need clear evidence that the crisis won’t be contagious, and that it won’t alter the path of ECB rates, before the Euro makes new cycle highs, but USD/JPY continues to track yield differentials and history tells us that USD/JPY hit 160 in April 1990, fell to 120 as rates fell to 3%, and kept on going, falling below 80 1995."
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