(VIANEWS) – USD/CNH (USDCNH) has been up by 0.8037% for the last session’s close. At 09:07 EST on Friday, 24 February, USD/CNH (USDCNH) is $6.97.
USD/CNH (USDCNH) Range
Concerning USD/CNH’s daily highs and lows, it’s 3.558% up from its trailing 24 hours low of $6.73 and 2.376% up from its trailing 24 hours high of $6.81.
USD/CNH’s yearly highs and lows, it’s 0.903% up from its 52-week low and 0.046% down from its 52-week high.
News about
- Usd/jpy retreats further from two-month highs, eyes on FOMC minutes. According to FXStreet on Wednesday, 22 February, "The USD/JPY is falling on Wednesday, retreating after hitting on Tuesday at 135.22, the highest level since mid-December. ", "Although the USD is finding support on the market’s acceptance that Fed rates will likely stay higher for longer on the back of resilience in the US economy, we see potential for USD/JPY to edge moderately lower on a 12 month view on the assumption that the BoJ makes some cautious steps towards reversing its ultra-accommodative policy", wrote Rabobank’s analysts. "
- Usd/jpy pauses three-day uptrend near 135.00 as yields portray anxiety ahead of fed minutes. According to FXStreet on Wednesday, 22 February, "Moving on, a cautious mood ahead of the key data/events could entertain USD/JPY traders before the Fed Minutes. ", "A daily closing beyond the 100-day Exponential Moving Average (EMA), around 134.75 by the press time, directs USD/JPY buyers towards mid-December 2022 tops surrounding 138.20."
- Usd/jpy price analysis: retreats towards 134.00 key support. According to FXStreet on Wednesday, 22 February, "Given the overbought RSI (14) also assenting to the USD/JPY pullback, the intraday sellers are likely to have a bit longer good time.", "However, a convergence of the monthly resistance-turned-support line and an upward-sloping trend line from February 03, close to 134.00 at the latest, appears a tough nut to crack for the USD/JPY bears."
- Usd/jpy to tick down toward 125 over coming months – rabobank. According to FXStreet on Wednesday, 22 February, "Although the USD is finding support on the market’s acceptance that Fed rates will likely stay higher for longer on the back of resilience in the US economy, we see potential for USD/JPY to edge moderately lower on a 12-month view on the assumption that the BoJ makes some cautious steps towards reversing its ultra-accommodative policy."
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