(VIANEWS) – USD/CNH (USDCNH) has been up by 2.38% for the last 21 sessions. At 23:09 EST on Sunday, 26 November, USD/CNH (USDCNH) is $7.15.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0.008% down from its 52-week high.
News about
- According to FXStreet on Friday, 24 November, "The Euro maintainsits bullishmomentum against the US Dollar, prompting EUR/USD to build on Thursday’s gains just beyond 1.0900at the end of the week.", "Further north, EUR/USD may encounter resistance at the August top of 1.1064 (August 10) and another weekly peak of 1.1149 (July 27), both preceding the 2023 high of 1.1275 (July 18)."
- Eur/usd to stabilise around 1.0900 – ING. According to FXStreet on Friday, 24 November, "However, economists at ING do not expect EUR/USD to enjoy further gains for the time being.", "The last time it was trading around these levels, EUR/USD was in the 1.03/1.04 area. "
- Eur/usd: growth outlook in the eurozone does not point to much upside scope – MUFG. According to FXStreet on Friday, 24 November, "We have been keen to stress that while the window for Dollar appreciation back to the highs set in October and/or beyond may now have closed, the growth outlook in the Eurozone does not point to much upside scope for EUR/USD either."
- Eur/usd price analysis: moves below 1.0900, next support at nine-day EMA. According to FXStreet on Friday, 24 November, "A decisive break below the support region could push the EUR/USD pair to navigate the psychological level at 1.0800.", "A breakthrough above the latter could support the bulls of the EUR/USD pair to navigate the resistance area around the 1.1000 psychological level."
- Eur/usd catches a Friday bid, looking to climb over 1.0950. According to FXStreet on Friday, 24 November, "The EUR/USD is trading into the 1.0950 level as the trading week winds up and markets are set for an early volume drop-off with US money markets shuttering early for the weekend. ", "The Euro is grinding higher against the US Dollar heading into Friday’s market close, with the EUR/USD pushing towards 1.0950, but the pair still remains below the week’s peak at 1.0965."
More news about USD/CNH (USDCNH).
