(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.27% for the last 10 sessions. At 02:06 EST on Monday, 16 October, EUR/CHF (EURCHF) is $0.95.
EUR/CHF’s yearly highs and lows, it’s 0.306% up from its 52-week low and 5.942% 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 0.23%, a positive 0.01%, and a positive 0.23%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.31% (last week), 0.26% (last month), and 0.23% (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
- We maintain a forecast of eur/usd 1.02 on a 3-month view – rabobank. According to FXStreet on Saturday, 14 October, "Jane Foley, the Senior FX Strategist and Head of FX Strategyat Rabobank’s RaboResearch is out with a note highlighting the risk for a deterioration in Euro-area economics, seeing a case for the EUR/USD to reach 1.02 over the next quarter."
- Eur/usd falters on Friday, backsliding into 1.05. According to FXStreet on Saturday, 14 October, "On the daily candles, the EUR/USD is getting rejected from a descending trendline, and facing further bearish momentum after failing to capture the 1.0600 handle. ", "The EUR/USD pinged 1.0500 in Friday’s downside push, with European production figures spreading to the middle,and the European Central Bank’s (ECB) President Christine Lagarde reaffirmed the ECB’s tight monetary policy stance until inflation achieves the central bank’s 2% target."
- According to FXStreet on Monday, 16 October, "At the time of writing, EUR/USD is trading near 1.0518, holding higher while adding 0.07% on the day"
- Eur/usd trades with mild positive bias above 1.0500 mark, lacks bullish conviction. According to FXStreet on Monday, 16 October, "The US Dollar (USD) struggles to capitalize on its post-US CPI gains registered over the past two trading days and oscillates in a range during the Asian session on Monday, which, in turn, is seen lending some support to the EUR/USD pair. ", "However, speculations that further rate hikes by the European Central Bank (ECB) may be off the table for now cap gains for the EUR/USD pair."
More news about EUR/CHF (EURCHF).
