(VIANEWS) – USD/EUR (USDEUR) has been up by 1.61% for the last 10 sessions. At 21:09 EST on Monday, 20 March, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 4.283% up from its 52-week low and 11.038% down from its 52-week high.
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- Usd/jpy price analysis: recovers a major part of early lost ground to over a one-month low. According to FXStreet on Monday, 20 March, "The USD/JPY pair finds decent support in the vicinity of the mid-130.00s and stages a goodish intraday recovery of over 100 pips from its lowest level since February 10 touched earlier this Monday. ", "Some follow-through selling will confirm a bearish breakdown and make the USD/JPY pair vulnerable to challenging the 130.00 psychological mark. "
- Usd/jpy recovers a few pips from over a one-month low, finds some support near mid-130.00s. According to FXStreet on Monday, 20 March, "The prevalent risk-off environment – as reflected by an extended sell-off around the equity markets amid fears of a full-blown banking crisis – drives some haven flows towards the Japanese Yen (JPY) and weighs heavily on the USD/JPY pair. ", "The USD/JPY pair retreats over 200 pips from the daily swing high and drops to its lowest level since February 10 during the first half of the European session on Monday. "
- Usd/jpy traces firmer yields around 132.50 as boj defends easy policy, central banks eye liquidity infusion. According to FXStreet on Monday, 20 March, "Apart from the likely continuation of the BoJ’s ultra-easy monetary policy, the news suggesting the global central banks’ joint efforts to boost the US Dollar liquidity and the UBS-Credit Suisse deal also allowed the USD/JPY to recover.", "Adding strength to the USD/JPY rebound could be the news shares by Yomiuri saying that the Japanese government eyes efforts worth two trillion Yen to defend the economy from slipping back into the deflation zone."
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