CCY:USDCNH

Usd/cnh Currency Pair News

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+0.0162 (+0.239%)
At Close: Jun 03, 2026

USD/CNH becomes a beta play to USD/JPY – DBS

06:39am, Thursday, 08'th Aug 2024
We expect a gradual, calibrated convergence in the CNY fixing back towards the spot rate, which closed at around 7.17, DBS FX & Credit Strategist Chang Wei Liang notes.
Instead of continuing to advance, USD is more likely to trade between 7.1450 and 7.1900, but further USD weakness is not ruled out. Although, the low near 7.0635 is solid support now, UOB Group FX ana
Further US Dollar (USD) weakness is not ruled out, but the low near 7.0635 is solid support now. Only a breach of 7.2000 would mean that the weakness has stabilised, UOB Group FX analysts Quek Ser Lea
Instead of continuing to weaken, the US Dollar (USD) is likely to trade in a 7.1100/7.1700 range. Further USD weakness is not ruled out, but the low near 7.0635 is solid support now, UOB Group FX stra
Price action continues to suggest further US Dollar (USD) weakness, even though it is too early to determine if the long-term support near 7.0980 is within reach, UOB Group FX analysts Quek Ser Leang
Downward momentum is picking up; the risk of the US Dollar (USD) breaking below 7.2037 is increasing.

USD/CNH: Bears strive to test 7.2220 – UOB Group

05:00am, Wednesday, 31'st Jul 2024
The next support at 7.2220 is unlikely to come under threat. The US Dollar (USD) must break and remain below the 7.2037 low before further weakness can be expected, UOB Group FX analysts Quek Ser Lean

USD/CNH: Bears push towards 7.2600 – DBS

11:39am, Tuesday, 30'th Jul 2024
USD/CNH has also stabilized around 7.26-7.27 ahead of FOMC, DBS FX & credit strategist Chang Wei Liang notes.
The US Dollar (USD) is expected to trade in a range, probably between 7.2550 and 7.2750. USD must break and remain below the 7.2037 low before further weakness can be expected, UOB Group FX strategist
The US Dollar (USD) is expected to trade in a 7.2500/7.2750 range. USD must break and remain below the 7.2037 low before further weakness can be expected, UOB Group FX analysts Quek Ser Leang and Pete
The US Dollar (USD) is expected to trade in a 7.2300/7.2650 range. USD must break and remain below the 7.2037 low before further weakness can be expected, UOB Group FX analysts Quek Ser Leang and Pete
The US Dollar (USD) is likely to trade in a sideways range between 7.2790 and 7.2960. USD, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann.
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