(VIANEWS) – USD/CNH (USDCNH) has been up by 2.71% for the last 21 sessions. At 22:14 EST on Sunday, 3 December, USD/CNH (USDCNH) is $7.12.
USD/CNH’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.
News about
- Eur/usd: ECB dovish repricing not necessarily a damper – ING. According to FXStreet on Friday, 1 December, "However, that won’t be necessary to put pressure on EUR/USD if short-term differentials reconnect with the pair.", "The 2-year EUR-USD swap spread is now at 178 bps the lowest since December 2022, when EUR/USD was at 1.05."
- Eur/usd: December seasonals bullish – MUFG. According to FXStreet on Friday, 1 December, "Furthermore in 8 of the 11 occasions when EUR/USD moved higher in November it was followed by a December gain.", "Economists at MUFG Bank note that There is a seasonal bias that is quite compelling for EUR/USD in December."
- Eur/usd: December 2023 – 01 December 2023. According to DailyForex on Friday, 1 December, "Speculative conditions in Forex including the EUR/USD have taken place as financial institutions have had their mid-term outlooks confirmed, this via inflation numbers from the U.", "The move of the EUR/USD upwards in November was remarkable considering the currency pair started the month near the 1.05200 ratio on the 1st. "
- According to FXStreet on Friday, 1 December, "The main threats to our Dollar view are enduring US economic strength or another identity crisis in the Eurozone - recall EUR/USD failed to rally in 2001, despite the Fed cutting nearly 500 bps."
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