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...
June 18, 2024
Discover the latest USDCNH analysis and forecast with our expert insights. Dive into detailed chart reviews of USD/CNH, market trends, and predictive forecasts for the U.S. Dollar compared to the Chinese Yuan exchange. Stay ahead in forex trading with Solid ECN up-to-date analyses.
USDCNH Analysis – 3-June-2024
In today’s trading session, the USD/CNH currency pair trades around $7.25, exhibiting a sideways movement within a symmetrical triangle pattern. This pattern, often indicating...
June 3, 2024
Yuan Falls Near One-Month Low Due to U.S. Data
USD/CNH—The offshore yuan has edged lower to around $7.259, nearing a one-month low. This decline is influenced by strong U.S. economic indicators released overnight,...
May 24, 2024
USDCNH Analysis – Factors Affecting Asian Currencies
USDCNH Analysis – The offshore yuan has recently dipped to approximately 7.24 against the dollar, influenced by the weakening of the Japanese yen. This...
April 26, 2024
USDCNH Analysis: Yuan Stability Amid Policy Hold
USDCNH Analysis – The offshore yuan is currently hovering around 7.25 per dollar following the recent decisions by the central bank. This stability reflects the...
April 23, 2024
Yuan Gains as China Sees Fastest Factory Growth
USDCNH Analysis – The offshore yuan climbed to about 7.25 per dollar, making minor improvements from the previous week as positive economic updates from...
April 2, 2024
