(VIANEWS) – USD/EUR (USDEUR) has been up by 0.82% for the last 5 sessions. At 11:08 EST on Wednesday, 2 October, USD/EUR (USDEUR) is $0.91.
USD/EUR’s yearly highs and lows, it’s 1.536% up from its 52-week low and 5.331% 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 0.18%, a negative 0.04%, and a positive 0.28%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.36% (last week), 0.28% (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 Tuesday, 1 October, "The large moves in the EUR:USD short-term rate differentials are pointing to a weaker EUR/USD now. ", "All in all, barring surprise in EZ and US data, we think EUR/USD can trade back below 1.110 in the next couple of days, and test 1.100 if US unemployment doesn’t tick higher on Friday."
- Eur/usd price forecast: flat lines below 1.1200 ahead of German consumer inflation data. According to FXStreet on Monday, 30 September, "Some follow-through buying will be seen as a fresh trigger for bulls and lift the EUR/USD pair to the 1.1275 region, or the July 2023 high. ", "From a technical perspective, the EUR/USD pair remains confined in a multi-day-old trading band. "
- Eur/usd flat lines below mid-1.1100s ahead of eurozone cpi, US macro data. According to FXStreet on Tuesday, 1 October, "Conversely, the reaction to a higher reading is likely to remain limited amid a modest US Dollar (USD) strength, suggesting that the path of least resistance for the EUR/USD pair is to the upside.", "The EUR/USD pair struggles to gain any meaningful traction following the previous day’s pullback from the vicinity of the 14-month peak - levels just above the 1.1200 mark and oscillates in a narrow band during the Asian session on Tuesday. "
- Eur/usd posts modest gains above 1.1050, traders await US ADP report. According to FXStreet on Wednesday, 2 October, "The EUR/USD pair trades with mild gains around 1.1070 during the Asian trading hours on Wednesday. "
More news about USD/EUR (USDEUR).
