(VIANEWS) – USD/CNH (USDCNH) has been up by 2.41% for the last 21 sessions. At 15:37 EST on Sunday, 18 June, USD/CNH (USDCNH) is $7.13.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be overbought (>=80).
News about
- Usd/jpy swirls 60 pip high towards 141.00 on boj status quo, governor ueda’s speech eyed. According to FXStreet on Friday, 16 June, "Despite the latest run-up, the USD/JPY remains inside a 3.5-month-old rising wedge bearish chart formation, between 141.60 and 137.70 by the press time. ", "Although BoJ’s Ueda has previously ruled out the need for any change to the current monetary policy, hints of a future exit from the ultra-easy measures may allow the USD/JPY bulls to take a breather."
- When is the boj interest rate decision and how could it affect usd/jpy?. According to FXStreet on Friday, 16 June, "In a case where Ueda manages to pave the way for future rate hikes, either via the alteration of the YCC band or dumping the YCC ultimately, the USD/JPY could extend its latest U-turn from towards the bottom line of a 3.5-month-old rising wedge, around 137.70 at the latest.", "Alternatively, an absence of moves and the policymakers’ support the easy money could recall the USD/JPY buyers. "
- Usd/jpy eases above 140.00 as traders await boj's YCC move, July expectations. According to FXStreet on Friday, 16 June, "Hence, the USD/JPY pair is justifying the aforementioned mixed catalysts amid the pre-BoJ sentiment. "
- Usd/jpy: yen will lag if current period of dollar weakness does extend after all – ING. According to FXStreet on Friday, 16 June, "Until that point, however, USD/JPY may well still bid and should remain in the lead should any US data surprise on the upside."
- Usd/jpy could rise to the 145 level – socgen. According to FXStreet on Friday, 16 June, "In view of Ueda’s comments during the press conference, we still think that the BoJ could widen the range of fluctuation permitted on 10-year JGB yields from ±50bp to ±100 bps at its July meeting, if there is another US rate hike in July, 10-year JGB yields could once again stick at 0.5% and the USD/JPY rate could rise to 145."
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