USDCNH Analysis 31-July-2024
The offshore yuan improved to about 7.22 per dollar (USD/CNH)after initially having trouble finding direction earlier in the session. This boost came after China’s...
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The offshore yuan improved to about 7.22 per dollar (USD/CNH)after initially having trouble finding direction earlier in the session. This boost came after China’s...
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...
USD/CNH—The offshore yuan recently fell below 7.28 per dollar, marking its lowest value in over seven months. This decline follows a notable decision by...
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...
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...
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,...