(VIANEWS) – USD/CNH (USDCNH) has been up by 2.19% for the last 21 sessions. At 20:12 EST on Friday, 22 December, USD/CNH (USDCNH) is $7.16.
USD/CNH’s yearly highs and lows, it’s 0.376% up from its 52-week low and 0.112% down from its 52-week high.
News about
- Usd/jpy forecast: struggle against yen – 22 December 2023. According to DailyForex on Friday, 22 December, "The USD/JPY experienced a significant drop during Thursday’s trading session, primarily driven by the continuous decline in interest rates within the United States. "
- Usd/jpy: delayed boj exit from negative rates unlikely to trigger another sustained yen sell-off – MUFG. According to FXStreet on Thursday, 21 December, "For USD/JPY to stage a more sustained rebound, market participants would have to more seriously question whether the Fed will deliver earlier and deeper rate cuts currently priced into next year. "
- Japanese yen adds to overnight modest gains; usd/jpy drops to 143.00 neighbourhood. According to FXStreet on Thursday, 21 December, "On the flip side, the 143.85 region now seems to act as an immediate strong resistance ahead of the 144.00 level, which if cleared should allow the USD/JPY pair to make a fresh attempt towards conquering the 145.00 mark. ", "That said, the Bank of Japan’s (BoJ) decision to maintain its ultra-dovish stance earlier this week caps gains for the JPY and assists the USD/JPY pair to defend a technically significant 200-day Simple Moving Average (SMA)."
- According to FXStreet on Wednesday, 20 December, "This, however, does little to provide any meaningful impetus to the USD/JPY pair. ", "The Japanese Yen (JPY) recovers a part of its recent losses registered over the past three days against the US Dollar (USD) and drags the USD/JPY pair to the 143.35 region heading into the European session on Wednesday. "
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