(VIANEWS) – USD/EUR (USDEUR) has been up by 1.05% for the last 5 sessions. At 22:09 EST on Wednesday, 3 July, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 4.465% up from its 52-week low and 3.187% 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 overbought (>=80).
News about
- According to FXStreet on Wednesday, 3 July, "The USD/JPY pair might test the upper boundary of the ascending channel near 161.80. ", "Market participants focus on the possibility of foreign exchange (FX) intervention from the Bank of Japan (BoJ), which could support the JPY and limit the upside of the USD/JPY pair."
- Usd/jpy: still at historical highs – DBS. According to FXStreet on Tuesday, 2 July, "Interestingly, Japanese businesses predicted that USD/JPY would decline to 144.59 for the fiscal year ending March 2025."
- Usd/jpy price analysis: rises steadily as buyers eye crucial 162.00 mark. According to FXStreet on Wednesday, 3 July, "The uptrend remains intact in the USD/JPY pair amid increasing risks that Japanese authorities or the Bank of Japan could intervene in the FX markets. ", "The USD/JPY pair finished Wednesday’s session with minuscule gains of 0.14% after dipping to a daily low of 160.77, sponsored by traders increasing bets that the Federal Reserve might cut rates in 2024, following dismal data revealed during the day. "
- According to FXStreet on Tuesday, 2 July, "If the USD/JPY pair surpasses the upper boundary of the ascending channel at around 161.70, it will reinforce bullish sentiment, possibly pushing the pair toward the psychological resistance level of 162.00."
More news about USD/EUR (USDEUR).
