(VIANEWS) - USD/CNH (USDCNH) has been up by 1.61% for the last 21 sessions. At 17:08 EST on Tuesday, 23 January, USD/CNH (USDCNH) is $7.16.
USD/CNH's yearly highs and lows, it's 0.031% up from its 52-week low and 0.486% down from its 52-week high.
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- According to FXStreet on Monday, 22 January, "Scarce volatility in the greenback in combination with the generalized downward bias in US yields sparked the first daily decline in USD/JPY after five consecutive sessions of gains. "
- According to FXStreet on Monday, 22 January, "From a technical perspective, Valeria Bednarik, Chief Analyst at FXStreet, notes: "Given expectations of an on-hold BoJ and recent US Dollar strength, USD/JPY could surge following the announcement. ", "The Japanese Yen (JPY) has been on the back foot since March 2022, with the USD/JPY pair soaring to a multi-year high of 151.94 in October 2022. "
- Usd/jpy to steadily decline towards 135.00 on a 12m horizon– danske bank. According to FXStreet on Monday, 22 January, "The recent rally in the Japanese Yen has reversed with USD/JPY trading nearly four figures higher than at year-end. "
- Usd/jpy cycles around 148.00 ahead of boj next rate call. According to FXStreet on Monday, 22 January, "The USD/JPY finds itself mired on the 50-hour Simple Moving Average (SMA) near the 148.00 handle as near-term momentum drains out of the pair. ", "The USD/JPY cycled around the 148.00 handle on Monday as traders gear up for the Bank of Japan's (BoJ) latest rate statement on Tuesday, coming ahead of another round of Japanese inflation figures slated for Friday with the Tokyo Consumer Price Index (CPI)."
- According to FXStreet on Monday, 22 January, "The said area could act as a pivotal point, which if broken decisively might prompt aggressive technical selling and drag the USD/JPY pair towards the 147.00 mark en route to the next relevant support near the 146.60-146.55 area.", "The USD/JPY pair might then aim to conquer the 150.00 psychological mark with some intermediate hurdle near the 149.70-149.75 area."
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