(VIANEWS) – USD/CNH (USDCNH) has been up by 1.47% for the last 10 sessions. At 02:13 EST on Monday, 14 October, USD/CNH (USDCNH) is $7.08.
USD/CNH’s yearly highs and lows, it’s 0.178% up from its 52-week low and 0.152% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be oversold (<=20).
News about
- Eur/usd falls toward 1.0900 due to dovish sentiment surrounding the ECB. According to FXStreet on Monday, 14 October, "On the geopolitical front, escalating tensions in the Middle East have sparked concerns of a broader regional conflict, strengthening the safe-haven US Dollar and putting pressure on the risk-sensitive EUR/USD pair. ", "The decline of the EUR/USD pair could also be linked to a stronger US Dollar (USD), fueled by expectations that the US Federal Reserve (Fed) will slow the pace of borrowing cost reductions more than previously anticipated."
More news about USD/CNH (USDCNH).
