(VIANEWS) – USD/EUR (USDEUR) has been up by 2.21% for the last 21 sessions. At 20:12 EST on Tuesday, 30 May, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 3.35% up from its 52-week low and 11.124% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.18%, 0.15%, and 0.40%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.25% (last month), and 0.40% (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 oversold (<=20).
News about
- Usd/jpy to reach 122 by year-end as recent rally is set to reverse – UBS. According to FXStreet on Monday, 29 May, "The Japanese Yen has been under pressure in recent days, with USD/JPY breaking a six-month high of 140. ", "While we acknowledge the risk of further near-term upside for the Dollar, we believe the recent movement in USD/JPY is set to reverse, and we expect the pair to reach 122 by year-end."
- Usd/jpy: end-Q2 forecast adjusted from 128 to 134 and end-2023 forecast from 122 to 128 – crédit agricole. According to FXStreet on Monday, 29 May, "Economists at Crédit Agricole have revised their USD/JPY forecasts higher following Yen’s weakness in the second quarter.", "As a result, we revise higher our USD/JPY forecasts, adjusting the end-Q2 forecast from 128 to 134, and the end-2023 forecast from 122 to 128."
- Usd/jpy price analysis: sees subtle retreat after hitting YTD high shy of 141.00. According to FXStreet on Monday, 29 May, "The USD/JPY is still upward biased, but the rally is fading as the pair shows signs of exhaustion. ", "That could trigger a short-term correction before USD/JPY bulls jump into action and lift the exchange rates past the 141.00 mark, on its way toward the November 22 daily high f 142.24, before reaching 143.00."
- Usd/jpy lures buyers around mid-140.00s despite downbeat Japan unemployment rate, focus on risk catalysts. According to FXStreet on Tuesday, 30 May, "With this, the USD/JPY pair can keep the latest rebound on the table to challenge the yearly high marked in the last week.", "Moving on, developments about the US debt ceiling agreement and the US CB Consumer Confidence for May will be crucial for the US Dollar Index traders to watch for intraday directions of the USD/JPY pair."
More news about USD/EUR (USDEUR).
