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USD/CNH Bearish Momentum: 0.96% Down In The Last 10 Sessions

USD/CNH Bearish Momentum: 0.96% Down In The Last 10 Sessions

(VIANEWS) - USD/CNH (USDCNH) has been up by 0.96% for the last 10 sessions. At 02:06 EST on Monday, 1 April, USD/CNH (USDCNH) is $7.25.

USD/CNH's yearly highs and lows, it's 0.051% up from its 52-week low and 0.08% down from its 52-week high.

News about

  • Eur/usd monthly forecast: April 2024 - 31 March 2024. According to DailyForex on Sunday, 31 March, "But if the EUR/USD were to fall below the 1.07600 level this would be a bearish signal and likely be acknowledging U.", "But if jobs numbers this coming Friday proves weaker than anticipated this could lead to some bullish ignition in the EUR/USD based on the notion the Fed will have ammunition to pursue a rate cut in June. "
  • Eur/usd trades on a weaker note below 1.0800, investors await the US PMI data. According to FXStreet on Monday, 1 April, "The EUR/USD pair trades on a weaker note near 1.0787 on the renewed US dollar (USD) demand during the early Asian session on Monday. ", "The higher-for-longer stance from the Federal Reserve (Fed) provides some support to the Greenback and weighs on the EUR/USD pair. "

More news about USD/CNH (USDCNH).

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Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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