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

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.4% for the last 10 sessions. At 18:06 EST on Monday, 22 April, USD/CNH (USDCNH) is $7.25.

USD/CNH’s yearly highs and lows, it’s 0.008% up from its 52-week low and 0.011% down from its 52-week high.

News about

  • Eur/usd gains ground above 1.0650 ahead of eurozone PMI data. According to FXStreet on Monday, 22 April, "The EUR/USD pair trades on a stronger note around 1.0665 during the early Asian session on Monday. "
  • Eur/usd gains relief from easing geopolitical tensions. According to FXStreet on Monday, 22 April, "A lack of escalation in the Israel-Iran conflict has led to an unwinding in geopolitical risk, which has reduced demand for the safe-haven US Dollar and provided EUR/USD with a slight lift.", "When asked whether he saw EUR/USD falling all the way to parity, Pfister replied "Not quite as low as parity but we see EUR/USD probably falling to 1.0400."

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