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USD/CNH Drops By 2% In The Last 21 Sessions

ViaNews Editorial Team

December 19, 2023

USD/CNH Drops By 2% In The Last 21 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 2.38% for the last 21 sessions. At 03:10 EST on Tuesday, 19 December, USD/CNH (USDCNH) is $7.14.

USD/CNH's yearly highs and lows, it's 0.022% up from its 52-week low and 0.008% down from its 52-week high.

News about

  • Eur/usd signal: towards the sky - 18 December 2023. According to DailyForex on Monday, 18 December, "Potential signal: The EUR/USD pair is watching the 1.10 region as a major barrier. ", "Potential signal: The EUR/USD pair is watching the 1.10 region as a major barrier. "
  • Eur/usd clings to mild gains around 1.0900, focus on German IFO data. According to FXStreet on Monday, 18 December, "This, in turn, exerts some selling pressure on the Euro (EUR) and acts as a headwind to the EUR/USD pair. "
  • Eur/usd price analysis: rebounds ahead of German data, holds above 1.0900. According to FXStreet on Monday, 18 December, "A firm break below the support region could put pressure on the bears of the EUR/USD pair to navigate the psychological area around 38.2% Fibonacci retracement at 1.0801.", "This shows a potential for an upward trend, which could influence the EUR/USD pair to break above the barrier to explore the major level at 1.1050."
  • According to FXStreet on Monday, 18 December, "The EUR/USD pair continues to trade modestly higher on the day at around 1.0920 following these comments."

More news about USD/CNH (USDCNH).

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.