CCY:USDCNH

Usd/cnh Currency Pair News

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$6.78
+0.0162 (+0.239%)
At Close: Jun 03, 2026
The US Dollar (USD) is likely to edge lower; any decline is not expected to reach the support at 6.9400. In the longer run, price action continues to suggest USD weakness, albeit likely at a slower pa
CNY appreciated 0.5% overnight on China's stimulus hopes, and CNH did better with a 1.0% again, DBS FX analyst Philip Wee notes.
The US Dollar (USD) is likely to trade in a range between 6.9700 and 7.0100. In the longer run, price action continues to suggest USD weakness, albeit likely at a slower pace; the levels to monitor ar
USD/CNH: To trade lower, but not below 7.0600 – UOB Group
USD/CNH loses ground as China announces plans for additional stimulus measures to bolster its economy, offsetting the diminishing effects of Tuesday's measures. The USD/CNH pair trades around 7.00 dur

USD/CNH: Support is at 6.9700 – UOB Group

06:08am, Wednesday, 25'th Sep 2024
Further sharp declines appear likely; support is at 6.9700. Not unreasonable to expect further US Dollar (USD) weakness, particularly when there are no significant support levels close by, UOB Group F
Optimism from China's recent support measures and renewed USD softness have manifested onto gains in the CNH, OCBC's FX strategists Frances Cheung and Christopher Wong note.
Sharp decline has resulted in increase in momentum; USD is likely to continue to weaken, potentially to 7.0100, UOB Group FX analysts Quek Ser Leang and Peter Chia note.
Further US Dollar (USD) weakness appears likely; oversold conditions suggest declines could be relatively limited. In the longer run, sharp decline has resulted in increase in momentum; USD is likely
For all the fundamental reasons put forward to explain their day-to-day gyrations, one look at price action suggests technical factors are arguably just as important in determining movements in the li
The US Dollar (USD) is likely to trade with a downward bias towards 7.0500, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.
The US Dollar (USD) is likely to trade in a sideways range of 7.0700/7.1300, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.
The US Dollar (USD) is likely to trade in a range between 7.0900 and 7.1100. In the longer run, USD is likely to trade in a sideways range of 7.0700/7.1300, UOB Group FX strategists Quek Ser Leang and
A break above the major resistance at 7.1330 is not ruled out; a sustained rise above this level seems unlikely for now. In the longer run, there has been an increase in momentum, but the US Dollar (U
For the time being, the US Dollar (USD) is likely to trade sideways between 7.0650 and 7.1350, UOB Group FX strategists Quek Ser Leang and Alvin Liew note.
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