(VIANEWS) – USD/EUR (USDEUR) has been up by 0.85% for the last 5 sessions. At 13:07 EST on Sunday, 5 March, USD/EUR (USDEUR) is $0.94.
USD/EUR’s yearly highs and lows, it’s 5.122% up from its 52-week low and 10.322% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.26%, 0.23%, and 0.43%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.47% (last month), and 0.43% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be overbought (>=80).
News about
- According to FXStreet on Friday, 3 March, "Further appreciation potential for EUR/USD is likely to be limited for now, in the view of economists at Commerzbank."
- Eur/usd aims to shift business above 1.0600 amid subdued USD index, US services PMI eyed. According to FXStreet on Friday, 3 March, "The EUR/USD pair has scaled above the round-level resistance of 1.0600 in the Asian session after a recovery move. "
- Eur/usd pares weekly gains around 1.0600 as ecb, fed officials back higher rates to tame inflation. According to FXStreet on Friday, 3 March, "Looking ahead, EUR/USD traders should pay attention to the second-readings of the Eurozone and German activity numbers ahead of the US ISM Services PMI for February, expected 54.5 versus 55.2. "
- Eur/usd: upside potential, 1.12 by end-2023 and 1.16 by end-2024 – ABN amro. According to FXStreet on Friday, 3 March, "Economists at ABN Amro believe that the EUR/USD pair is set to advance nicely over the coming months.", "Our forecast for the end of 2023 for EUR/USD is 1.12 and to 1.16 end of 2024."
More news about USD/EUR (USDEUR).
