USD/EUR Went Up By Over 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.53% for the last 21 sessions. At 10:06 EST on Tuesday, 25 June, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 5.378% up from its 52-week low and 2.341% down from its 52-week high.

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  • Usd/cnh May follow usd/jpy if it breaks above 160 – societe generale. According to FXStreet on Tuesday, 25 June, "If USD/JPY does break through 160 in the coming days the USD/CNH pair may come along, Chief FX Strategist at Societe Generale Kit Juckes argues.", "If USD/JPY does break through 160 in the coming days, preventing further Yuan weakness would be very difficult indeed."
  • Usd/jpy price analysis: remains bullish amid intervention threats. According to FXStreet on Monday, 24 June, "The USD/JPY has managed to climb back above 159.00, even though traders were reluctant to re-test the Bank of Japan’s (BoJ) patience of intervening in the FX space to tame the Japanese Yen (JPY) depreciation.", "If the USD/JPY clears the psychological 160.00 mark, the next resistance would be the year-to-date (YTD) high of 160.32. "
  • Usd/jpy: the pair flirts with 160 – societe generale. According to FXStreet on Monday, 24 June, "In early May 10-year Note yields were trading above 4.5% and USD/JPY was at 153, but here we are with yields down by 25bop and USD/JPY up near 160 again. "
  • According to FXStreet on Tuesday, 25 June, "The USD/JPY pair remains within touching distance of the 160.00 level that recently pushed Japanese authorities to spend billions of dollars in Yen-buying intervention, per Reuters.", "Surpassing the upper threshold of the ascending channel pattern around 159.90 will reinforce the bullish sentiment, potentially driving the USD/JPY pair toward 160.32, the highest level since April and a major resistance point."

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