(VIANEWS) – USD/CNH (USDCNH) has been up by 2.28% for the last 21 sessions. At 05:15 EST on Friday, 8 December, USD/CNH (USDCNH) is $7.15.
USD/CNH’s yearly highs and lows, it’s 0.008% up from its 52-week low and 0.161% down from its 52-week high.
News about
- Usd/jpy analysis: the impact on the policy change of the Japanese central bank – 07 December 2023. According to DailyForex on Thursday, 7 December, "Furthermore, the future performance of USD/JPY depends on the reaction to the announcement of US jobs numbers tomorrow. ", "For three consecutive weeks, the USD/JPY has been subjected to profit-taking selloffs since testing the resistance level of 151.90, its highest in over a year, in the middle of last month. "
- Usd/jpy trades better bid above 147.00 after dovish boj commentary. According to FXStreet on Wednesday, 6 December, "Further, a minor rebound in the US Treasury bond yields is helping the USD/JPY to stay afloat amid a retreat in the US Dollar across the board. ", "The swift US Dollar rebound lifted USD/JPY from daily lows of 146.56, as the pair went on to settle Tuesday almost unchanged at 147.20. "
- Usd/jpy sticks close to 147.50 heading into the back half of the trading week. According to FXStreet on Wednesday, 6 December, "The USD/JPY is seeing thin trading heading into the back half of the trading week, holding near the 147.50 level ahead of Thursday’s US Initial Jobless Claims that will give way to Friday’s Japanese Gross Domestic Product (GDP) and the latest US Nonfarm Payrolls (NFP) report that will cap off the trading week.", "The USD/JPY is seeing thin, tight trading near the 147.50 level, with near-term bids getting propped up north of 146.00 while also constrained by the 148.00 handle to the topside."
- Usd/jpy drops on its worst day in over a year, breaches 142.00. According to FXStreet on Thursday, 7 December, "The USD/JPY is on pace to see it’s single worst trading day since November of 2022 after plunging over four percent on Thursday with a broad-market rally for the Japanese Yen (JPY). ", "The USD/JPY has accelerated towards the downside, pulling away from intraday levels and pinning near-term technical indicators deep in oversold territory. "
- According to Business Insider on Thursday, 7 December, "As the Fed cuts rates and the BoJ starts to raise, FX markets could see a long-term driver of USD/JPY gains begin to fade as the carry trade becomes more risky.", "We doubt USD/JPY will start correcting well in advance before the Fed’s first rate cut, given the magnitude of carry," said Shusuke Yamad, FX and rates strategist at Bank of America."
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