USDCNH Analysis – 1-July-2024
USD/CNH—The offshore yuan fell beyond 7.29 per dollar, staying near its lowest point in over seven months. Investors reacted to the mixed Chinese PMI...
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USD/CNH—The offshore yuan fell beyond 7.29 per dollar, staying near its lowest point in over seven months. Investors reacted to the mixed Chinese PMI...
AUD/USD—The Australian dollar remained steady around $0.667, close to its two-week high, as the US dollar weakened due to data showing lower US inflation...
AUD/USD—The Australian dollar has stabilized around $0.665, gaining support due to rising inflation concerns. Recent data revealed that Australia’s Monthly Consumer Price Index (CPI)...
GBP/USD—The British pound has climbed to $1.262, rebounding from a six-week low. This recovery reflects investor reactions to recent developments in Britain’s monetary policy...
EUR/USD—The Euro has recently weakened to $1.0683, approaching a two-month low. This decline follows comments from ECB Governing Council member Olli Rehn, who hinted...
The GBP/USD currency pair recently experienced a notable pullback, dropping below 1.267 on June 20. Currently, the pair is trading around 1.265, slightly recovering...