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USD/CNH Slides By 2% In The Last 21 Sessions

ViaNews Editorial Team

December 28, 2023

USD/CNH Slides By 2% In The Last 21 Sessions
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(VIANEWS) - USD/CNH (USDCNH) has been up by 2.66% for the last 21 sessions. At 08:06 EST on Thursday, 28 December, USD/CNH (USDCNH) is $7.11.

USD/CNH's yearly highs and lows, it's 0.111% up from its 52-week low and 0.529% down from its 52-week high.

News about

  • Usd/jpy analysis: bets increase on nearing boj policy shift - 27 December 2023. According to DailyForex on Wednesday, 27 December, "Finally, USD/JPY currency pair may remain in narrow ranges until all markets return to normal operation next week.", "Recently, the USD/JPY is stabilizing around the 142.45 level at the time of writing the analysis. "
  • Usd/jpy analysis: dollar still under pressure - 26 December 2023. According to DailyForex on Tuesday, 26 December, "Overall, USD/JPY risk reversals, which are contracts that show demand for call options to buy the yen compared to put options to sell it, also indicate that traders are hedging to strengthen the Japanese currency. ", "As a result, the USD/JPY tumbled towards the support level of 140.95, the lowest for the pair in five months. "
  • Usd/jpy faces pressure near 143.00 as fed’s rate cut bets soar. According to FXStreet on Wednesday, 27 December, "The USD/JPY pair delivered a pullback move after discovering moderate buying interest near 142.00. "
  • According to FXStreet on Wednesday, 27 December, "The USD/JPY pair showed no immediate reaction to these comments and was last seen trading modestly higher on the day at around 142.60."

More news about USD/CNH (USDCNH).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.