(VIANEWS) – USD/CNH (USDCNH) has been up by 2.21% for the last 21 sessions. At 14:11 EST on Wednesday, 22 November, USD/CNH (USDCNH) is $7.16.
USD/CNH’s yearly highs and lows, it’s 0.414% up from its 52-week low and 0.014% down from its 52-week high.
News about
- Usd/jpy retesting the 148.00 region ahead of fed minutes. According to FXStreet on Tuesday, 21 November, "The USD/JPY is pushing back into the 148.00 bid neighborhood after slipping to an intraday low of 147.15, declining from the day’s opening bids near 148.40.", "The USD/JPY has seen steady declines from last week’s highs near 151.91, closing bearish for four of the last five trading sessions, and is set to close for a fourth straight red candle ifTuesday closes below 148.33."
- Usd/jpy looking for 148.00 as the yen extends a broad-market recovery. According to FXStreet on Monday, 20 November, "Despite the near-term downside, the USD/JPY remains firmly well-bid, and is still trading well above the 200-day SMA, which is miles away from current price action, pushing up into 142.00.", "The USD/JPY is seeing further declines on Monday, with the Japanese Yen (JPY) gaining over a full percent against the US Dollar (USD). "
- Usd/jpy analysis: selling operations ahead of the federal reserve minutes – 21 November 2023. According to DailyForex on Tuesday, 21 November, "Shortly, The USD/JPY outlook is bumpy, but "we see risks tilted towards a ‘stronger for longer’ dollar in 2024, likely coinciding with continued yen weakness."USD/JPY Technical analysis:", "Goldman Sachs says a material decline in the USD/JPY exchange rate is somewhat unlikely, as a "stronger for longer" forex regime will define the coming months. "
- Usd/jpy drops to its lowest level since October, seems vulnerable near 148.00 mark. According to FXStreet on Tuesday, 21 November, "This further contributes to the offered tone surrounding the USD/JPY pair, though the risk-on mood could dent the JPY’s safe-haven status and lend some support. ", "The US Dollar (USD) plummets to a near three-month low in the wake of dovish Federal Reserve (Fed) expectations and turns out to be a key factor dragging the USD/JPY pair lower. "
- Usd/jpy price analysis: moves below 149.00 near six-week lows. According to FXStreet on Monday, 20 November, "The 14-day Relative Strength Index (RSI) below the 50 level signals bearish sentiment, which could inspire the bears of the USD/JPY pair to navigate the support region around 146.50 major level, followed by the 38.2% Fibonacci retracement at 146.37.", "A breakthrough above the latter could support the USD/JPY pair to revisit the previous week’s high at 151.90."
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