(VIANEWS) – USD/CNH (USDCNH) has been up by 1.44% for the last 10 sessions. At 08:07 EST on Friday, 11 October, USD/CNH (USDCNH) is $7.07.
USD/CNH’s yearly highs and lows, it’s 0.058% up from its 52-week low and 0.226% down from its 52-week high.
News about
- According to FXStreet on Wednesday, 9 October, "We continue to flat-line our multi-quarter EUR/USD forecasts at 1.10 until the outcome ofNovember’s US presidential election is known.", "There is very little on the eurozone calendar today and while EUR/USD may press 1.10on the back of this morning’s news out of China -the Ministry of Finance will brief on fiscal policy this Saturday -we suspect sellers to emerge there."
- Eur/usd hangs near two-month low, seems vulnerable below mid-1.0900s ahead of US CPI. According to FXStreet on Thursday, 10 October, "Moreover, the risk of a further escalation of geopolitical tensions in the Middle East should benefit the safe-haven Greenback and suggest that the path of least resistance for the EUR/USD pair is to the downside. ", "The data will play a key role in influencing expectations about the Fed’s rate-cut path, which, in turn, will drive the USD demand in the near term and provide a fresh directional impetus to the EUR/USD pair."
- Eur/usd falls back as US CPI inflation data prints above expectations. According to FXStreet on Thursday, 10 October, "The EUR/USD pair is trading around 1.09343, experiencing a slight decline of 0.05% for the day as selling pressure continues to weigh on the currency pair. "
- Eur/usd struggles to gain ground below 1.0950 ahead of German inflation data. According to FXStreet on Friday, 11 October, "The EUR/USD pair remains on the defensive around 1.0935 during the early European session on Friday. "
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