CCY:USDCNH

Usd/cnh Currency Pair News

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$6.78
+0.0162 (+0.239%)
At Close: Jun 03, 2026
USD/CNH, representing the offshore Chinese Yuan (CNH), extends its gains for the third successive day on Thursday. The pair appreciates as the US Dollar (USD) receives support as traders expect the US
US Dollar (USD) could trade in a range of 7.2550/7.2950. In the longer run, decline in USD seems excessive, but there is potential for a test of 7.2420, UOB Group's FX analysts Quek Ser Leang and Lee
USD/CNH, representing the offshore Chinese Yuan, extends its gains for the second successive day on Wednesday. The pair's upward momentum is driven by an announcement from former US President Donald T
USD/CNH fell sharply below 7.26 at one point after Trump announced there was no immediate plans for tariffs and calls for further study. USD/CNH was last seen at 7.2712 levels, OCBC's FX analysts Fran
Further US Dollar (USD) weakness is not ruled out; the major support at 7.2420 is likely out of reach for now. In the longer run, decline in USD seems excessive, but there is potential for a test of 7

USD/CNH: Breaking out of rising wedge – OCBC

09:05am, Monday, 20'th Jan 2025
USD/CNH fell amid supported risk sentiments. USD/CNH fell; last seen at 7.2853 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Downward momentum is building, but this will likely lead to a lower trading range of 7.3200/7.3500 instead of a sustained decline. In the longer run, upward momentum has dissipated; US Dollar (USD) is
Flat momentum suggests further range trading, most likely between 7.3380 and 7.3550. Upward momentum is beginning to fade; a breach of 7.3250 would suggest that 7.3700 is not coming into view, UOB Gro
US Dollar (USD) is expected to continue to trade in a range, most likely between 7.3350 and 7.3550. In the longer run, upward momentum is beginning to fade; a breach of 7.3250 would suggest that 7.370
Momentum indicators are turning flat, suggesting further range trading, probably in a range of 7.3380/7.3580. Upward momentum is beginning to fade; a breach of 7.3250 would suggest that 7.3700 is not
US producer prices for December came in softer than expected on Tuesday, which treated traders to a small risk-on bounce on hopes that CPI data released later today will follow suit. Fed fund futures
China's central bank has moved to support to the beleaguered Chinese yuan, delivering a policy tweak that effectively allows Chinese entities to borrow more from overseas markets, potentially encourag
Slight increase in upward momentum is likely to lead to US Dollar (USD) trading in a higher range of 7.3450/7.3650. In the longer run, room for USD to retest the 7.3700 level; it is too early to deter
The USD/CNH pair retraces its two days of gains, trading around 7.3520 during the Asian hours on Friday. An analysis of the daily chart indicates that the price movement within the ascending channel p
US Dollar (USD) is expected to trade in a range between 7.3430 and 7.3615. In the longer run, room for USD to retest the 7.3700 level; it is too early to determine if it can break and remain above thi
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