(VIANEWS) – USD/CNH (USDCNH) has been up by 1.58% for the last 5 sessions. At 20:06 EST on Thursday, 28 March, USD/CNH (USDCNH) is $7.26.
USD/CNH’s yearly highs and lows, it’s 0.021% up from its 52-week low and 0.007% down from its 52-week high.
News about
- Usd/jpy analysis: strong move ahead – 27 March 2024. According to DailyForex on Wednesday, 27 March, "Overall, according to economic calendar data, USD/JPY could take cues from medium-to-high US data, including the core PCE inflation index due later in the week. ", "There is no change in our technical view, as the overall trend for the USD/JPY currency pair remains bullish, and there will be no trend break without moving towards support levels at 149.80 and 148.00 respectively. "
- Usd/jpy: another leg higher needed for actual FX intervention to be deployed – ING. According to FXStreet on Wednesday, 27 March, "This may still be only a ‘verbal intervention’ range, with another USD/JPY leg higher needed for actual FX intervention to be deployed (perhaps closer to 155.00). "
- According to FXStreet on Wednesday, 27 March, "Given that oscillators on the daily chart are holding comfortably in the positive territory, the USD/JPY pair might then prolong its well-established uptrend witnessed since January 2023 and climb further towards the 153.00 round figure.", "This, in turn, fails to assist the USD/JPY pair to capitalize on its intraday positive move or make it through the 152.00 round-figure mark."
- Usd/jpy: the next major technical resistance after the 151.95-152.00 zone is not before 160.00 – BBH. According to FXStreet on Wednesday, 27 March, "In our view, it’s only a matter of time before USD/JPY breaks higher because we anticipate a gradual BoJ tightening process and a more muted than currently priced-in Fed easing cycle.", "The next major technical resistance for USD/JPY after the 151.95-152.00 zone is not before 160.00 (April 1990 high)."
- According to FXStreet on Wednesday, 27 March, "This means that even though the market is currently reluctant to trade USD/JPY above 152.00, the Yen is far from being saved from further weakness."
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