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

ViaNews Editorial Team

January 16, 2024

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

(VIANEWS) - USD/CNH (USDCNH) has been up by 1.3% for the last 10 sessions. At 06:09 EST on Tuesday, 16 January, USD/CNH (USDCNH) is $7.22.

USD/CNH's yearly highs and lows, it's 0.497% up from its 52-week low and 0.024% down from its 52-week high.

News about

  • Usd/jpy forecast: usd/jpy continues to see volatility on Friday - 15 January 2024. According to DailyForex on Monday, 15 January, "At the end of the day, the USD/JPY currency pair experienced a downturn in response to the weaker PPI data. ", "Despite this setback, there are several crucial factors to consider in the USD/JPY currency pair."
  • Usd/jpy will struggle to hold above 146/147 levels – ING. According to FXStreet on Monday, 15 January, "We think 152 probably was the top for USD/JPY and it will struggle to hold above 146/147 levels now. "
  • Usd/jpy climbs in light trading and faces resistance at around 146.00. According to FXStreet on Monday, 15 January, "Despite that, the Greenback (USD) remains strong across the board, as the USD/JPY exchanges hands at 145.79, up by 0.63%.", "The daily chart portrays the pair at the brisk of shifting bullish, as the USD/JPY spot price is near the bottom of the Ichimoku Cloud (Kumo). "
  • Usd/jpy holds above 145.00 despite weaker US dollar. According to FXStreet on Monday, 15 January, "This, in turn, might cap the upside of the Greenback and act as a headwind for the USD/JPY pair. ", "The USD/JPY pair gained traction above the 145.00 mark during the early Asian session on Monday. "
  • Usd/jpy gathers strength under the 146.00 barrier on the renewed US dollar demand. According to FXStreet on Tuesday, 16 January, "The USD/JPY pair holds positive ground below the 146.00 barrier during the early Asian session on Tuesday. "

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.