(VIANEWS) – USD/CNH (USDCNH) has been up by 1.81% for the last 21 sessions. At 20:06 EST on Sunday, 9 April, USD/CNH (USDCNH) is $6.88.
USD/CNH’s yearly highs and lows, it’s 0.082% up from its 52-week low and 0.017% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be oversold (<=20).
News about
- Eur/usd tumbled in late trading, yet printed 0.61% gains for the week. According to FXStreet on Saturday, 8 April, "The EUR/USD falls during the North American session and retraces towards the 1.0900 figure after a solid US Nonfarm Payrolls report. ", "At the time of writing, the EUR/USD is trading at 1.0910, below its opening price by 0.07%."
- Eur/usd stays defensive around 1.0900 despite hawkish ecb, US inflation, fed minutes eyed. According to FXStreet on Sunday, 9 April, "However, the market participants also expect a rate cut in late 2023 and hence pour cold water on the face of the Fed hawks, which in turn please the EUR/USD bulls.", "The downbeat US data also propels fears of a recession in the world’s largest economy and weigh on the US Dollar, as well as fuels the EUR/USD price. "
More news about USD/CNH (USDCNH).
