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fxJul 17, 2026, 2:39 AM

USD/CNH Rises for Second Day as Safe-Haven Demand Boosts US Dollar

USD/CNH extended gains for a second consecutive session on Friday, trading near 6.7760, as safe-haven flows supported the US dollar amid escalating Middle East tensions.

USDCNH

The USD/CNH pair rose for a second consecutive day during Asian trading on Friday, hovering around 6.7760.

The US dollar strengthened as investors sought safe-haven assets amid heightened geopolitical tensions in the Middle East.

The yuan, in contrast, came under pressure as risk aversion weighed on risk-sensitive currencies.

Source: FXStreet Forex News