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USD/EUR Bullish Momentum With A 1% Jump In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.31% for the last 10 sessions. At 06:08 EST on Tuesday, 10 September, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.434% up from its 52-week low and 5.371% 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 negative 0.01%, a negative 0.09%, and a positive 0.27%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.26% (last week), 0.34% (last month), and 0.27% (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

  • Eur/usd struggles to lure buyers, remains below mid-1.1000s amid modest USD uptick. According to FXStreet on Tuesday, 10 September, "This assists the Greenback in attracting some buyers for the third successive day and climbing back closer to the monthly peak touched last week, which, in turn, is seen acting as a headwind for the EUR/USD pair.", "Apart from this, the crucial ECB policy decision on Thursday will provide a fresh directional impetus to the EUR/USD pair."
  • Eur/usd holds ground below 1.1100, faces challenges due to rising odds of ECB rate cut. According to FXStreet on Monday, 9 September, "However, the EUR/USD pair’s upside may be capped, as recent eurozone inflation data have solidified expectations of a rate cut by the European Central Bank (ECB) at upcoming Thursday’s policy meeting."
  • Eur/usd: trading a little lower – rabobank. According to FXStreet on Monday, 9 September, "Reflecting the movements in bond yields, there were a lot of gyrations in EUR/USD on Friday firstly on the back of the US payrolls report and then in response to the remarks of Fed speakers, Rabobank’s Senior FX Strategist Jane Foley notes.", "As the market turns its attention to this week’s events, which include the key US CPI inflation release, EUR/USD is trading a little lower. "
  • Eur/usd slips as ECB rate cut expectations weigh, drops below 1.1100. According to FXStreet on Monday, 9 September, "From a technical standpoint, the EUR/USD remains neutral to upward bias, though a decisive break below the September 3 low of 1.1026 might open the door for further downside. "

More news about USD/EUR (USDEUR).

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