CCY:USDCNH

Usd/cnh Currency Pair News

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$6.78
+0.0162 (+0.239%)
At Close: Jun 03, 2026
USD/CNH continued to drift lower, thanks to recent news from politburo about ramping up support and also taking cues from daily fixing guidance. Policymakers continue to manage the daily fix, setting
US Dollar (USD) is expected to trade in a 7.2650/7.2900 range. In the longer run, current price movements are likely part of range trading, probably between 7.2400 and 7.2900, UOB Group's FX analysts
USD/CNH continued to drift lower, thanks to softer USD and taking cues from fixing guidance. Pair was last at 7.2737, OCBC's FX analysts Frances Cheung and Christopher Wong note.
US Dollar (USD) is expected to trade in a 7.2550/7.2800 range. In the longer run, current price movements are likely part of range trading, probably between 7.2400 and 7.2900, UOB Group's FX analysts
USD/CNH continues to ease away from recent high as policymakers keep a strong grip on the daily fix, setting it even lower at 7.1879 vs. 7.1934 (yesterday).
US Dollar (USD) is expected to trade in a 7.2630/7.2930 range. In the longer run, upward momentum has slowed with sharp pullback; a breach of 7.2630 would mean that USD is not rising further, UOB Grou

USD/CNH: Momentum remains strong – UOB Group

05:29am, Wednesday, 04'th Dec 2024
Overbought advance could retest the 7.3145 level before a more sustained pullback can be expected. Momentum remains strong; the next significant resistance is at last year's high of 7.3678, UOB Group'
USD/CNH eased as policymakers continued to keep the daily fix under 7.20. In fact, the CNY fix was even set stronger at 7.1934 than the day before (at 7.1996).
The US Dollar (USD) may rise further and break above 7.3000; the major resistance at 7.3115 is likely out of reach for now. In the longer run, rapid increase in momentum could lead to USD rising to 7.

USD/CNH: Upside risks near term – OCBC

05:16am, Tuesday, 03'rd Dec 2024
CNH continued to trade under pressure amid expectations for further rate cuts at home while economic recovery remains uneven. Pair was last at 7.3013, OCBC's FX analysts Frances Cheung and Christopher
Weekend comments merely add another layer of tariff threats to China, ING's FX analysts Chris Turner note.
Despite no significant increase in downward momentum, there is room for the US Dollar (USD) to edge lower to 7.2380. In the longer run, momentum has largely faded; USD is likely to trade between 7.220

USD/CNH: USD can break above 7.2800 – UOB Group

06:29am, Wednesday, 27'th Nov 2024
Instead of continuing to rise, the US Dollar (USD) is likely to trade in a sideways range between 7.2450 and 7.2660. In the longer run, momentum is building again; USD could break above 7.2800, but it
Room for the sharp rally to test 7.2800 before levelling off; the next resistance at 7.3000 is unlikely to come into view. In the longer run, momentum is building again; USD could break above 7.2800,
The US Dollar (USD) is expected USD to trade between 7.2300 and 7.2600. In the longer run, momentum is beginning to slow; a breach of 7.2000 would mean that USD is not rising further, UOB Group's FX a
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