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USD/EUR Is 2% Up In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.71% for the last 21 sessions. At 11:06 EST on Wednesday, 24 May, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 3.051% up from its 52-week low and 11.381% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.09%, and 0.43%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.33% (last week), 0.32% (last month), and 0.43% (last quarter), respectively.

News about

  • Eur/usd price analysis: mildly bid above 1.0800 within bearish channel. According to FXStreet on Monday, 22 May, "It’s worth noting that the RSI (14) line’s rebound from nearly oversold conditions joins the EUR/USD pair’s sustained break of the 100-DMA to keep Euro buyers hopeful.", "Meanwhile, EUR/USD sellers may wait for a clear downside break of the 100-DMA support of near 1.0800 for fresh entry."
  • Eur/usd: drop could extend to sub-1.0700 levels – ING. According to FXStreet on Monday, 22 May, "For this week, the balance of risks appears tilted to the downside for EUR/USD as the Dollar may find a bit more support from a debt-ceiling deal and hawkish Fed rate expectations."
  • Eur/usd eases below 1.0850 as ECB hawks step back, fed bets increase amid cautious optimism. According to FXStreet on Monday, 22 May, "Moving on, Eurozone Consumer Confidence may direct intraday moves of the EUR/USD pair but major attention will be given to the first readings of the May month PMIs, as well as US debt ceiling talks for a clear guide."
  • Eur/usd: levels close to the 1.20 mark are not justifiable – commerzbank. According to FXStreet on Monday, 22 May, "Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, analyzes EUR/USD outlook.", "But nor does it result in EUR/USD levels below 1.08 on a sustainable basis either."

More news about USD/EUR (USDEUR).

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