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USD/CNH Bullish Momentum: 0.99% Up In The Last 10 Sessions

ViaNews Editorial Team

October 9, 2024

USD/CNH Bullish Momentum: 0.99% Up In The Last 10 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 0.99% for the last 10 sessions. At 05:06 EST on Wednesday, 9 October, USD/CNH (USDCNH) is $7.08.

USD/CNH's yearly highs and lows, it's 0.325% up from its 52-week low and 0.023% down from its 52-week high.

Previous days news about USD/CNH (USDCNH)

  • Usd/cnh: 2-way risks – OCBC. According to FXStreet on Tuesday, 8 October, "Near term, USD/CNH should continue to face 2-way risks as markets digest 1/ the disappointment over the lack of details on China stimulus; 2/ monitor daily fix for a sense of how comfortable policymakers may be with RMB's recent price action; 3/ potential return of US exceptionalism and ahead of US elections (potentially supportive of USD)."

More news about USD/CNH (USDCNH).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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