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USD/CNH Falls By 1% In The Last 21 Sessions

ViaNews Editorial Team

January 5, 2024

USD/CNH Falls By 1% In The Last 21 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.86% for the last 21 sessions. At 08:08 EST on Friday, 5 January, USD/CNH (USDCNH) is $7.17.

USD/CNH's yearly highs and lows, it's 0.094% up from its 52-week low and 0.189% down from its 52-week high.

News about

  • Eur/usd price analysis: rebounds from over one-week low, moves back above mid-1.0900s. According to FXStreet on Wednesday, 3 January, "In the meantime, doubts over early rate cuts by the Federal Reserve (Fed) might hold back traders from placing aggressive bearish bets around the buck and keep a lid on any further gains for the EUR/USD pair.", "The EUR/USD pair attracts some buying during the Asian session on Wednesday and for now, seems to have snapped a three-day losing streak to over a one-week low touched the previous day. "
  • Eur/usd forex signal: gets oversold ahead of NFP data - 04 January 2024. According to DailyForex on Thursday, 4 January, "The EUR/USD exchange rate reacted mildly to the December Fed minutes published during the American session. ", "The EUR/USD pair continued its downtrend as traders embraced a risk-on sentiment. "
  • Eur/usd holds below the mid-1.0900s ahead of German cpi, US ADP report. According to FXStreet on Thursday, 4 January, "The EUR/USD pair remains on the defensive during the early Asian session on Thursday. "
  • Eur/usd analysis: amid profit-taking sell-off - 03 January 2024. According to DailyForex on Wednesday, 3 January, "Even dollar bears are also cautious about the European outlook, limiting the potential scope for EUR/USD gains.", "The consensus among analysts was for EUR/USD to trade around 1.11 at the end of 2024, although that may now be revised slightly higher. "
  • Eur/usd forex signal: bullish trend is still on ahead of FOMC minutes - 03 January 2024. According to DailyForex on Wednesday, 3 January, "The EUR/USD exchange rate dropped as the US dollar index and bond yields bounced back. ", "The EUR/USD pair will be in the spotlight on Wednesday as traders reflect on several economic numbers from the US and Europe. "

More news about USD/CNH (USDCNH).

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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.

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