USDCNH Analysis – 18-June-2024
USD/CNH—The offshore yuan recently weakened to over 7.27 per dollar, reaching a nearly three-week low. This decline is mainly due to mixed economic data...
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USD/CNH—The offshore yuan recently weakened to over 7.27 per dollar, reaching a nearly three-week low. This decline is mainly due to mixed economic data...
USD/JPY—The Japanese yen recently weakened to around 158 per dollar, continuing its decline following the latest decision from the Bank of Japan (BOJ). The...
The EUR/USD pair is currently at a pivotal point, testing the crucial support level of $1.067. Historically, This significant level has been a strong...
GBP/USD—The British pound has fluctuated but remains above $1.28, marking its highest point in three months. This rise can be attributed to a significant...
The U.S. Dollar is trading robustly against the Japanese Yen, currently positioned above the 78.6% Fibonacci retracement level at approximately 157.2. This suggests a...
The AUD/USD is consolidating after the price dipped to as low as 0.657. The current pullback was expected because the currency pair formed a...