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USD/CNH Jumps By 1% In The Last 5 Sessions

USD/CNH Jumps By 1% In The Last 5 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.52% for the last 5 sessions. At 10:06 EST on Monday, 1 April, USD/CNH (USDCNH) is $7.26.

USD/CNH's yearly highs and lows, it's 0.139% up from its 52-week low and 0.006% down from its 52-week high.

News about

  • Eur/usd monthly forecast: April 2024 - 31 March 2024. According to DailyForex on Sunday, 31 March, "Choppy conditions have been stark in the EUR/USD since the middle of December and in March a high of nearly 1.09835 was seen on the 5th briefly. ", "Yet, the overwhelming response to moves higher in the EUR/USD over the past few months and weeks have been reversals lower."
  • Eur/usd trades on a weaker note below 1.0800, investors await the US PMI data. According to FXStreet on Monday, 1 April, "The EUR/USD pair trades on a weaker note near 1.0787 on the renewed US dollar (USD) demand during the early Asian session on Monday. ", "The higher-for-longer stance from the Federal Reserve (Fed) provides some support to the Greenback and weighs on the EUR/USD pair. "
  • Eur/usd price analysis: maintains position below the psychological level of 1.0800. According to FXStreet on Monday, 1 April, "A breakthrough above this barrier could lead the EUR/USD pair to explore the region around the 23.6% Fibonacci retracement level of 1.0818 and the nine-day Exponential Moving Average (EMA) at 1.0820. ", "Although a lagging indicator, this alignment indicates a confirmation of the bearish momentum for the EUR/USD pair."
  • Eur/usd forex signal: outlook ahead of NFP and powell speech - 01 April 2024. According to DailyForex on Monday, 1 April, "The EUR/USD pair drifted upwards as investors reacted to the Federal Reserve's favorite inflation gauge. ", "The EUR/USD pair has been in a strong bearish trend after peaking at 1.0982 in March. "

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USD/CNH Jumps By 1% In The Last 5 Sessions | Via News