(VIANEWS) – USD/CNH (USDCNH) has been up by 2% for the last 21 sessions. At 06:10 EST on Tuesday, 6 August, USD/CNH (USDCNH) is $7.14.
USD/CNH’s yearly highs and lows, it’s 0.195% up from its 52-week low and 0.115% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/CNH’s Forex is considered to be overbought (>=80).
News about
- Usd/jpy: cautious of getting carried away – OCBC. According to FXStreet on Monday, 5 August, "The large misalignment merely suggests that is room for USD/JPY to head lower over time. ", "Back during May - Jul, USD/JPY had earlier traded much higher while UST yields and UST-JGB yield differentials went the other way lower."
- According to FXStreet on Tuesday, 6 August, "At press time, USD/JPY continues to hold the renewed upside near 145.30, adding 0.85% on the day."
- According to FXStreet on Monday, 5 August, "At press time, USD/JPY is off the seven-month lows of 144.76, trading near 145.35, still down 0.83% on the day."
- According to FXStreet on Monday, 5 August, "For the time being, however, expect the focus to remain on the likes of USD/JPY and USD/CHF – both of which could drop further. "
More news about USD/CNH (USDCNH).
