(VIANEWS) - USD/CNH (USDCNH) has been up by 1.82% for the last 10 sessions. At 09:07 EST on Thursday, 14 March, USD/CNH (USDCNH) is $7.20.
USD/CNH's yearly highs and lows, it's 0.082% up from its 52-week low and 0.047% down from its 52-week high.
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- Eur/usd inches higher to near 1.0930, focus on US inflation data. According to FXStreet on Tuesday, 12 March, "A robust CPI report would likely dampen prospects of an imminent rate cut by the Federal Reserve (Fed), potentially strengthening the US Dollar (USD) and presenting challenges for the EUR/USD pair.", "The optimistic outlook surrounding the ECB could offer bolstering for the Euro, thereby supporting the EUR/USD pair. "
- Eur/usd price analysis: the bullish outlook remains intact above the 1.0900 mark. According to FXStreet on Tuesday, 12 March, "The EUR/USD pair gains momentum below the mid-1.0900s during the early European trading hours on Tuesday. ", " According to the four-hour chart, EUR/USD keeps the bullish vibe unchanged as the major pair is above the key 50- and 100-period Exponential Moving Averages (EMA) with an upward slope. "
- Eur/usd forex signal: turning bearish below $1.0945 - 12 March 2024. According to DailyForex on Tuesday, 12 March, "My previous EUR/USD signal on 7thMarchwas not triggered as the bullish price action took place below the support level I had identified at $1.0881.", "In my previous analysis ofthe EUR/USD currency pairlast Thursday, I wrote that the technical picture had become more bullish, being established above $1.0872. "
- According to FXStreet on Tuesday, 12 March, "At the time of writing, the EUR/USD pair is trading higher at 1.0928, adding 0.02% on the day."
- Eur/usd traders lock on to US CPI release. According to FXStreet on Tuesday, 12 March, "Recently EUR/USD failed to sustain highs just shy of 1.1000 after Banque de France Governor, François Villeroy de Galhau and Bundesbank President Dr. Joachim Nagel, both said that a rate cut in the spring might be warranted."
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