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USD/CNH Bullish Momentum: 0.75% Up In The Last 24 Hours

(VIANEWS) – USD/CNH (USDCNH) has been up by 0.7502% for the last session’s close. At 08:07 EST on Monday, 6 March, USD/CNH (USDCNH) is $6.95.

USD/CNH (USDCNH) Range

About USD/CNH’s daily highs and lows, it’s 0.54% up from its trailing 24 hours low of $6.91 and 0.511% down from its trailing 24 hours high of $6.98.

USD/CNH’s yearly highs and lows, it’s 0.594% up from its 52-week low and 0.035% down from its 52-week high.

News about

  • Usd/jpy traces sluggish yields below 136.00, fed’s powell, boj’s kuroda in the spotlight. According to FXStreet on Monday, 6 March, "It’s worth noting that the BoJ officialsand incoming board members have recently defended the Japanese central bank’s ultra-easy monetary policy, whichputs a floor under the USD/JPY prices. ", "The latest U-turn from the 100-DMAand the downside break of the one-month-old previous support line keep USD/JPY sellers hopeful. "
  • Usd/jpy trades with modest losses amid softer usd, downside seems limited. According to FXStreet on Monday, 6 March, "This should act as a tailwind for the US bond yields and favours the USD bulls, which supports prospects for the emergence of dip-buying around the USD/JPY and warrants caution for bears.", "The downside for the USD/JPY pair, meanwhile, seems cushioned amid the divergent Bank of Japan-Federal Reserve monetary policy outlook. "

More news about USD/CNH (USDCNH).

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