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USD/CNH Went Down By Over 1% In The Last 10 Sessions

USD/CNH Went Down By Over 1% In The Last 10 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.61% for the last 10 sessions. At 06:10 EST on Tuesday, 19 March, USD/CNH (USDCNH) is $7.21.

USD/CNH's yearly highs and lows, it's 0.101% up from its 52-week low and 0.021% down from its 52-week high.

News about

  • Eur/usd remains capped under the 1.0900 mark, fed rate decision eyed. According to FXStreet on Monday, 18 March, "Traders will take cues from the data and find trading opportunities around the EUR/USD pair.", "That being said, the high-for-longer US rate narrative might lift the US Dollar (USD) and act as a headwind for the EUR/USD pair. "
  • Eur/usd price analysis: hovers below the psychological resistance of 1.0900. According to FXStreet on Monday, 18 March, "Although a lagging indicator, this alignment indicates a confirmation of the bullish momentum for the EUR/USD pair.", "The EUR/USD pair could meet the immediate support at 38.2% Fibonacci retracement level of 1.0871, followed by the major support of 1.0850. "
  • According to DailyForex on Monday, 18 March, "With a very stable euro, I think that this market still has plenty of room to run, as the EUR/USD pair continues to simply grind back and forth without making major issues for not only domestic traders, but for those who are trading in other parts of the world, dabbling into the German blue-chip index."

More news about USD/CNH (USDCNH).

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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.

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