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

(VIANEWS) – USD/CNH (USDCNH) has been up by 1.72% for the last 10 sessions. At 10:07 EST on Friday, 15 March, USD/CNH (USDCNH) is $7.20.

USD/CNH’s yearly highs and lows, it’s 0.056% up from its 52-week low and 0.026% down from its 52-week high.

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  • According to FXStreet on Thursday, 14 March, "From a technical perspective, the USD/JPY pair has been showing some resilience below the 38.2% Fibonacci retracement level of the December-February rally. ", "Furthermore, the uncertainty over the Federal Reserve’s (Fed) rate-cut path might hold back the USD bulls from placing aggressive bets and cap the USD/JPY pair. "
  • Usd/jpy trades sideways near 147.50 with eyes on US data. According to FXStreet on Thursday, 14 March, "The USD/JPY pair consolidates in a tight range around 147.70 in Thursday’s European session. "
  • Usd/jpy rises to 148.00 as uncertainty over boj quitting negative rates deepen. According to FXStreet on Wednesday, 13 March, "The USD/JPY pair rebounds to crucial resistance of 148.00 as investors hope that the Bank of Japan (BoJ) will delay its plans to quit negative interest rates. "
  • Usd/jpy rallies on US data, Friday wage survey key to boj decision. According to FXStreet on Thursday, 14 March, "Upside for the USD/JPY could be capped by expectations the Bank of Japan (BoJ) will raise interest rates at their March meeting next Tuesday. "

More news about USD/CNH (USDCNH).

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