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USD/EUR Bullish Momentum: 0.81% Up In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.81% for the last 5 sessions. At 12:10 EST on Monday, 1 May, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.143% up from its 52-week low and 13.022% down from its 52-week high.

News about

  • Eur/usd gauges cushion around 1.1000 as investors anticipate bumper rate hike from ECB. According to FXStreet on Monday, 1 May, "The EUR/USD pair has found an intermediate cushion after a steep correction to near the psychological support of 1.1000. "
  • Eur/usd price analysis: bears eye 1.0960 as US dollar cheers pre fed, ECB anxiety. According to FXStreet on Monday, 1 May, "Given the Euro pair’s failure to defend the previous week’s bounce off short-term horizontal support, coupled with the recently impending bearish signals from the MACD indicator, the EUR/USD sellers are likely to keep the reins.", "However, a two-week-long ascending trend line near 1.0945 could challenge the EUR/USD bears afterward."
  • Eur/usd drops towards 1.1000 as ECB hawks retreat, first bank roils the mood, US nfp, fed eyed. According to FXStreet on Monday, 1 May, "Moving on, holidays in multiple European markets on Monday may restrict EUR/USD moves even as the US ISM Manufacturing PMI is up for release. ", "The overbought RSI (14) line joins the EUR/USD pair’s repeated failure to provide a daily closing beyond 1.1050 to lure the sellers. "
  • Eur/usd drops towards 1.1000 as ECB hawks retreat, first bank roils the mood, US nfp, fed eyed. According to FXStreet on Monday, 1 May, "Moving on, holidays in multiple European markets on Monday may restrict EUR/USD moves even as the US ISM Manufacturing PMI is up for release. ", "The overbought RSI (14) line joins the EUR/USD pair’s repeated failure to provide a daily closing beyond 1.1050 to lure the sellers. "

More news about USD/EUR (USDEUR).

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