(VIANEWS) – USD/CNH (USDCNH) has been up by 4.39% for the last 21 sessions. At 15:11 EST on Monday, 20 February, USD/CNH (USDCNH) is $6.86.
USD/CNH’s yearly highs and lows, it’s 0.085% up from its 52-week low and 0.36% down from its 52-week high.
News about
- Eur/usd stays defensive around 1.0700 ahead of eurozone pmis, fed minutes. According to FXStreet on Sunday, 19 February, "Looking ahead, the risk-off mood may exert downside pressure on the EUR/USD pair amid a likely sluggish day. ", "A clear downside break of a three-month-old ascending trend line, now immediate resistance around 1.0730, keeps EUR/USD bears hopeful."
- Eur/usd price analysis: remains pressured towards 1.0630-15 support area. According to FXStreet on Monday, 20 February, "Overall, EUR/USD is likely to decline further, even as the downside room appears limited.", "Following that, the 1.0600 and 1.0500 may entertain the EUR/USD sellers before directing them to the previous monthly low surrounding 1.0480. "
- Eur/usd: hawkish set of FOMC minutes required to see a break towards 1.05 – ING. According to FXStreet on Monday, 20 February, "The Dollar rally might have come far enough for the time being and EUR/USD found good demand ahead of 1.06. ", "It will probably require quite a hawkish set of FOMC minutes on Wednesday for EUR/USD to break towards 1.05 - where we expect to see good demand ahead of a EUR/USD rally in the second quarter."
- Eur/usd aims to recapture 1.0700 as risk appetite recovers, fed minutes in focus. According to FXStreet on Monday, 20 February, "The EUR/USD pair has attempted a recovery after dropping to near 1.0673 in the early European session. "
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