(VIANEWS) – USD/CNH (USDCNH) has been up by 1.64% for the last 10 sessions. At 04:08 EST on Tuesday, 27 February, USD/CNH (USDCNH) is $7.21.
USD/CNH’s yearly highs and lows, it’s 0.04% up from its 52-week low and 0.031% down from its 52-week high.
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- Usd/jpy approaches 151.00 ahead of US core pce, Japan’s inflation data. According to FXStreet on Monday, 26 February, "The USD/JPY pair marches toward the crucial resistance of 151.00 in the early New York session. "
- According to FXStreet on Tuesday, 27 February, "This is followed by last week’s swing low, around the 149.70-149.65 region, which if broken could drag the USD/JPY pair further towards the 149.35-149.30 horizontal support. ", "Meanwhile, a fresh leg down in the US Treasury bond yields keeps the US Dollar (USD) bulls on the defensive and contributes to the offered tone surrounding the USD/JPY pair. "
- Usd/jpy could surge beyond 150.90 February high on easing price pressures in Japan – ING. According to FXStreet on Monday, 26 February, "This may well prompt markets to price out a June hike and add buying pressure to USD/JPY beyond the 150.90 February highs and potentially test the 151.00/152.00 November highs."
- Usd/jpy analysis: amid an important trading week – 26 February 2024. According to DailyForex on Monday, 26 February, "In the long term, and according to the performance on the daily chart, it appears that the USD/JPY pair is trading within an upward channel. ", "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY pair is trading within an ascending channel. "
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