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

ViaNews Editorial Team

November 23, 2023

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

(VIANEWS) - USD/CNH (USDCNH) has been up by 2.2% for the last 21 sessions. At 03:08 EST on Thursday, 23 November, USD/CNH (USDCNH) is $7.16.

USD/CNH's yearly highs and lows, it's 0.024% up from its 52-week low and 0.021% down from its 52-week high.

News about

  • Eur/usd has further upside potential – commerzbank. According to FXStreet on Monday, 20 November, "Both the USD Index and EUR/USD are trading at levels last seen at the end of August. ", "Even without further US-idiosyncratic USD strength, EUR/USD would have further upside potential simply because in our view the market increasingly assesses the ECB incorrectly. "
  • Eur/usd: good resistance at 1.0950/1.0960 this week – ING. According to FXStreet on Monday, 20 November, "We see good resistance for EUR/USD at 1.0950/1.0960 this week, and failure to break that on Tuesday's FOMC minute event risk could then see EUR/USD settling into some kind of 1.0860-1.0960 range."
  • According to FXStreet on Monday, 20 November, "At the time of writing, EUR/USD is keeping its upbeat momentum intact near 1.0935, up 0.23% on the day."

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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