The Chinese yuan strengthened against the U.S. dollar in the Asian session on Monday, as Chinese market reopened after China's Golden Week holiday.

Against the greenback, the yuan rose to nearly a 2-week high of 7.2940 from a recent high of 7.3021.

If the yuan extends its uptrend, it is likely to find resistance around the 7.24 region.

Grafico Cross US Dollar vs CNY (FX:USDCNY)

Da Apr 2024 a Mag 2024 Clicca qui per i Grafici di US Dollar vs CNY
Grafico Cross US Dollar vs CNY (FX:USDCNY)

Da Mag 2023 a Mag 2024 Clicca qui per i Grafici di US Dollar vs CNY