(VIANEWS) – EUR/CHF (EURCHF) has been up by 2.12% for the last 21 sessions. At 02:06 EST on Friday, 22 March, EUR/CHF (EURCHF) is $0.97.
EUR/CHF’s yearly highs and lows, it’s 7.829% up from its 52-week low and 2.533% down from its 52-week high.
Volatility
EUR/CHF’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.09%, and 0.21%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.16% (last week), 0.16% (last month), and 0.21% (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 oversold (<=20).
News about
- According to FXStreet on Wednesday, 20 March, "That said, we expect a firm USD to prevail for some months and see risk of EUR/USD dipping back to 1.0700 in the weeks ahead."
- Eur/usd May slip to 1.0800 if the fed underlines its caution about extent of future rate cuts – commerzbank. According to FXStreet on Wednesday, 20 March, "If there are signs that the FOMC members are becoming more cautious about the timing and extent of future rate cuts, the Dollar may well gain further and EUR/USD may slip towards the 1.0800 mark."
- Eur/usd: big rally expected in the second half of the year – ING. According to FXStreet on Wednesday, 20 March, "Economists at ING expect the EUR/USD pair to trend higher throughout the second half of 2024.", "Given that we also see both central banks starting to ease in June, we expect a bigger rally in EUR/USD in the second half of the year, when USD:EUR short-term rate convergence should accelerate. "
- Eur/usd price analysis: holds steady above mid-1.0800s, lacks follow-through ahead of fed. According to FXStreet on Wednesday, 20 March, "A sustained strength beyond will suggest that the corrective pullback has run its course and lift the EUR/USD pair back to the monthly peak, around the 1.0980 region. ", "Some follow-through selling could make the EUR/USD pair vulnerable to retesting sub-1.0700 levels, or the YTD low touched on February 14."
More news about EUR/CHF (EURCHF).
