USD/EUR Is 1% Up In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.81% for the last 21 sessions. At 02:08 EST on Friday, 9 February, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.589% up from its 52-week low and 3.072% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.23%, 0.08%, and 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.39% (last week), 0.26% (last month), and 0.33% (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

  • According to FXStreet on Thursday, 8 February, "Furthermore, hopes that wage growth this year may outpace that of 2023 and pave the way for the BoJ to exit its decade-long ultra-loose policy contribute to capping gains for the USD/JPY pair.", "Meanwhile, positive oscillators validate the positive outlook for the USD/JPY pair, though the formation of multiple-tops near the 148.75-148.80 region warrants caution for bullish traders. "
  • According to FXStreet on Wednesday, 7 February, "That said, some follow-through selling below the 100-day Simple Moving Average (SMA), currently pegged near the 147.60-147.55 region, could drag the USD/JPY pair further towards the 147.00 round figure. ", "The USD/JPY pair might then surpass an intermediate hurdle near the 149.55-149.60 region and aim to reclaim the 150.00 psychological mark."
  • Usd/jpy to reach 136.00 by year-end – ANZ. According to FXStreet on Thursday, 8 February, "Economists at ANZ Bank expect the USD/JPY exchange rate to trade at 136.00 by the end of 2024.", "Current dynamics, including higher US Treasury yields and the Fed’s stance against early rate cuts, are expected to keep USD/JPY within a narrow range in the near term. "
  • According to FXStreet on Thursday, 8 February, "I doubt the end of YCC and negative rates can be achieved without some upward pressure on the Yen, but clearly, the move from USD/JPY 152.00 to 127.00 in late 2022/early 2023 has left scars."

More news about USD/EUR (USDEUR).

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