(VIANEWS) – USD/CNH (USDCNH) has been up by 1.56% for the last 10 sessions. At 00:09 EST on Friday, 12 April, USD/CNH (USDCNH) is $7.26.
USD/CNH’s yearly highs and lows, it’s 0.048% up from its 52-week low and 0.037% down from its 52-week high.
News about
- According to FXStreet on Friday, 12 April, "In the meantime, the multi-decade high, around the 153.25-153.30 region, now seems to act as an immediate hurdle, above which the USD/JPY pair could aim to reclaim the 154.00 round figure.", "The said handle should now act as a strong base for the USD/JPY pair, which, if broken decisively, might prompt some profit-taking and pave the way for a slide towards the 151.40 intermediate support en route to the 151.00 round figure. "
- Usd/jpy hits nearly 34-year peak amid surging US inflation and treasury yields. According to FXStreet on Wednesday, 10 April, "From a technical standpoint, the USD/JPY is trading at levels that were seen in the 1990s. ", "The USD/JPY rose sharply and hit a multi-year high of 152.73, a level last seen in June 1990, ignoring intervention threats by Japanese authorities that include Finance Minister Shunichi Suzuki, who said that he was watching the market with a high sense of urgency and wouldn’t rule out any steps to address excessive moves."
- Usd/jpy hovers around 153.00, the highest level since July 1990, eyes on intervention risks. According to FXStreet on Wednesday, 10 April, "The USD/JPY pair trades on a weaker note near 153.00 after retreating from the highest level since July 1990, nearly 153.24, on Thursday during the early Asian session. ", "The officials emphasized the need to keep interest rates higher for longer, which boosts the Greenback and acts as a tailwind for the USD/JPY pair. "
- According to FXStreet on Thursday, 11 April, "A sustained strength beyond will be seen as a fresh trigger for bullish traders and set the stage for an extension of the USD/JPY pair’s recent uptrend witnessed over the past month or so.", "This, in turn, assists the USD/JPY pair to attract some dip-buying and bounce back to the 153.00 mark heading into the European session. "
- Usd/jpy refreshes 34-year highs above 153.00 following US PPI data. According to FXStreet on Thursday, 11 April, "The USD/JPY climbed during the North American session and remains above the 153.00 figure despite Japanese authorities jawboning on excessive Japanese Yen (JPY) movements. ", "Given the fact the USD/JPY has broken the 153.00 barrier, the next resistance level would be the June 1990 monthly high at 155.78, followed by the April 1990 pivot high at 160.32. "
More news about USD/CNH (USDCNH).
