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USD/EUR Bearish Momentum With A 2% Fall In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.16% for the last 10 sessions. At 15:08 EST on Sunday, 18 June, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.398% up from its 52-week low and 12.803% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.30%, a negative 0.04%, and a positive 0.37%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.42% (last week), 0.31% (last month), and 0.37% (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

  • When is the boj interest rate decision and how could it affect usd/jpy?. According to FXStreet on Friday, 16 June, "In a case where Ueda manages to pave the way for future rate hikes, either via the alteration of the YCC band or dumping the YCC ultimately, the USD/JPY could extend its latest U-turn from towards the bottom line of a 3.5-month-old rising wedge, around 137.70 at the latest.", "Alternatively, an absence of moves and the policymakers’ support the easy money could recall the USD/JPY buyers. "
  • Usd/jpy eases above 140.00 as traders await boj's YCC move, July expectations. According to FXStreet on Friday, 16 June, "Hence, the USD/JPY pair is justifying the aforementioned mixed catalysts amid the pre-BoJ sentiment. "
  • Usd/jpy: yen will lag if current period of dollar weakness does extend after all – ING. According to FXStreet on Friday, 16 June, "Until that point, however, USD/JPY may well still bid and should remain in the lead should any US data surprise on the upside."
  • Usd/jpy could rise to the 145 level – socgen. According to FXStreet on Friday, 16 June, "In view of Ueda’s comments during the press conference, we still think that the BoJ could widen the range of fluctuation permitted on 10-year JGB yields from ±50bp to ±100 bps at its July meeting, if there is another US rate hike in July, 10-year JGB yields could once again stick at 0.5% and the USD/JPY rate could rise to 145."
  • Usd/jpy sticks to dovish boj-inspired gains, remains below YTD peak touched on Thursday. According to FXStreet on Friday, 16 June, "This, along with a modest US Dollar (USD) strength, assists the USD/JPY pair to regain some positive traction on the last day of the week.", "Apart from this, diminishing odds for an intervention by the Japanese government to stabilize the domestic currency suggests that the path of least resistance for the USD/JPY pair is to the upside. "

More news about USD/EUR (USDEUR).

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