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USD/CNH Falls By 1% In The Last 10 Sessions

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.03% for the last 10 sessions. At 13:06 EST on Thursday, 4 April, USD/CNH (USDCNH) is $7.25.

USD/CNH’s yearly highs and lows, it’s 0.066% up from its 52-week low and 0.072% down from its 52-week high.

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  • Eur/usd attracts some sellers near 1.0730, eyes on fedspeaks. According to FXStreet on Tuesday, 2 April, "The EUR/USD pair remains under selling pressure, reaching nearly weekly lows of 1.0730 on Tuesday during the early Asian trading hours. ", "The dovish comments from the ECB policymakers exert some selling pressure on the Euro (EUR) and act as a headwind for the EUR/USD pair. "
  • Eur/usd extends recovery near 1.0840 on weaker US dollar. According to FXStreet on Thursday, 4 April, "The EUR/USD pair extends recovery and flirts with the 100-day Exponential Moving Average (EMA) around 1.0840 on Thursday during the early Asian session. "
  • Eur/usd forex signal: bearish sentiment ahead of key fed speakers – 02 April 2024. According to DailyForex on Tuesday, 2 April, "The EUR/USD pair continued its strong bearish trend this week as traders reflected on the strong US manufacturing report. ", "The EUR/USD pair retreated ahead of crucial statements by key Federal Reserve officials. "
  • Eur/usd clings to mild losses below 1.0770, investors await eurozone inflation, US PMI data. According to FXStreet on Wednesday, 3 April, "The EUR/USD pair clings to mild losses near 1.0765 after bouncing off the multi-week lows near 1.0720 on Wednesday. ", "This, in turn, exerts some selling pressure on the Euro (EUR) and creates a headwind for the EUR/USD pair."
  • Eur/usd: forecast for the end of 2024 stands at 1.1000 – ABN amro. According to FXStreet on Tuesday, 2 April, "This would imply that EUR/USD stays close to current levels if no other driver presents itself."

More news about USD/CNH (USDCNH).

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