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USD/EUR Slides By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.43% for the last 21 sessions. At 12:12 EST on Friday, 30 August, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 1.266% up from its 52-week low and 5.528% 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 positive 0.03%, a negative 0.14%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.39% (last week), 0.35% (last month), and 0.28% (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 oversold (<=20).

News about

  • According to FXStreet on Friday, 30 August, "After the Spanish CPI figures came in slightly below expectations, causing some temporary weakness in the Euro, the German regional CPI figures caused EUR/USD to drop below the 1.11 level. ", "If an inflation number is going to move the EUR/USD again today, it is more likely to be the euro area one."
  • Eur/usd price forecast: bounces-off key support near 1.1110 ahead of German/ US data. According to FXStreet on Thursday, 29 August, "From a short-term technical perspective, the EUR/USD uptrend remains intact so long as the 1.1107 support holds. "
  • According to FXStreet on Friday, 30 August, "The EUR/USD uptrend remains intact so long as the 1.1107 support holds on a daily closing basis. ", "In response, the EUR/USD pair could stage a correction from over one-year highs. "
  • Eur/usd corrects below 1.1100 as soft Spain inflation boosts ECB rate-cut bets. According to FXStreet on Thursday, 29 August, "(The story was corrected at 10:25 GMT to say in the first paragraph that " EUR/USD faces a sharp sell-off, sliding below the round-level support of 1.1100 in Thursday’s European session not 1.100)"
  • According to FXStreet on Wednesday, 28 August, "That could argue for EUR/USD above 1.12but the softer risk environment is favouring some profit-taking, and there may be some speculation that some rewidening in that rate differential is due.", "But we don’t see the conditions for the recent EUR/USD rally to be substantially unwound. "

More news about USD/EUR (USDEUR).

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