(VIANEWS) – USD/EUR (USDEUR) has been up by 2.04% for the last 21 sessions. At 04:09 EST on Monday, 11 September, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 5.119% up from its 52-week low and 11.057% down from its 52-week high.
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 sticks to intraday losses below 147.00, bears await break below 200-hour SMA. According to FXStreet on Monday, 11 September, "The outlook, meanwhile, remains supportive of elevated US Treasury bond yields, which helps limit a modest US Dollar (USD) pullback from its highest level since March 8 touched last week and acts as a tailwind for the USD/JPY pair, at least for now.", "The USD/JPY pair opened with a big 85 pips bearish gap on the first day of a new week and remains depressed below the 147.00 mark through the first half of the Asian session. "
- Usd/jpy slides below mid-146.00s, multi-day low in wake to ueda hawkish comments. According to FXStreet on Monday, 11 September, "This, along with the fact that Ueda reiterated the need to continue the patient monetary easing as the BoJ is some distance away from achieving its price stability target, supports prospects for the emergence of some dip-buying around the USD/JPY pair. ", "This, along with a modest US Dollar (USD) pullback from a six-month peak, contributes to the offered tone surrounding the USD/JPY pair."
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