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EUR/CHF Over 2% Down In The Last 21 Sessions

ViaNews Editorial Team

September 11, 2024

EUR/CHF Over 2% Down In The Last 21 Sessions

(VIANEWS) - EUR/CHF (EURCHF) has been up by 2.68% for the last 21 sessions. At 02:06 EST on Wednesday, 11 September, EUR/CHF (EURCHF) is $0.93.

EUR/CHF's yearly highs and lows, it's 3.178% up from its 52-week low and 6.173% down from its 52-week high.

Volatility

EUR/CHF's last week, last month's, and last quarter's current intraday variation average was a negative 0.16%, a negative 0.07%, and a positive 0.30%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.22% (last week), 0.27% (last month), and 0.30% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/CHF's Forex is considered to be overbought (>=80).

News about

  • According to FXStreet on Tuesday, 10 September, "Therefore, the market will probably quickly shift its focus to the ECB meeting on Thursday and trade EUR/USD sideways for the time being."
  • Eur/usd: trading a little lower – rabobank. According to FXStreet on Monday, 9 September, "In the end, EUR/USD ended the session very close to where it had been positioned 24 hrs before. ", "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."
  • According to FXStreet on Tuesday, 10 September, "In the meantime, EUR/USD is treading water ahead of Thursday's ECB meeting. "
  • 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."

More news about EUR/CHF (EURCHF).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.