(VIANEWS) – AUD/USD (AUDUSD) has been up by 1.73% for the last 21 sessions. At 05:06 EST on Wednesday, 16 October, AUD/USD (AUDUSD) is $0.67.
AUD/USD’s yearly highs and lows, it’s 6.665% up from its 52-week low and 5.668% down from its 52-week high.
Volatility
AUD/USD’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.06%, a negative 0.04%, and a positive 0.43%, respectively.
AUD/USD’s highest amplitude of average volatility was 0.24% (last week), 0.43% (last month), and 0.43% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AUD/USD’s Forex is considered to be overbought (>=80).
News about
- Eur/usd falls toward 1.0900 due to dovish sentiment surrounding the ECB. According to FXStreet on Monday, 14 October, "On the geopolitical front, escalating tensions in the Middle East have sparked concerns of a broader regional conflict, strengthening the safe-haven US Dollar and putting pressure on the risk-sensitive EUR/USD pair. ", "The decline of the EUR/USD pair could also be linked to a stronger US Dollar (USD), fueled by expectations that the US Federal Reserve (Fed) will slow the pace of borrowing cost reductions more than previously anticipated."
- According to FXStreet on Tuesday, 15 October, "While there is scope for EUR doves to be disappointed near-term in view of still sticky services sector inflation, we still expect that EUR/USD will edge lower medium-term."
- Eur/usd remains depressed below 1.0900, lowest since August 8 amid stronger USD. According to FXStreet on Tuesday, 15 October, "This, in turn, undermines the shared currency, which, along with a bullish US Dollar (USD), turns out to be a key factor weighing on the EUR/USD pair.", "The EUR/USD pair drifts lower for the second straight day on Tuesday and drops to the 1.0890 area in the last hour, back closer to its lowest level since August 8 touched the previous day. "
- According to FXStreet on Tuesday, 15 October, "The rewidening in rate differentials with the USD is clearly prompting a shift in strategic EUR/USD positioning, and CFTC data showed net-longs have declined from 13.5% to 5.9% of open interest since early September, ING’s FX strategist Francesco Pesole notes.", "A more balanced positioning picture means EUR/USD can find some support in the dips. "
- According to FXStreet on Monday, 14 October, "In the bigger picture, we see EUR/USD trading just above the middle of a 1.0550-1.1150 two-year trading range. ", "For the time being, we suspect EUR/USD can hold support in the 1.0850/1.0900 area and could get a lift if Thursday’s ECB meeting isn’t quite as dovish as the market is now pricing."
More news about AUD/USD (AUDUSD).
