(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.68% for the last 21 sessions. At 18:07 EST on Monday, 29 May, EUR/CHF (EURCHF) is $0.97.
EUR/CHF’s yearly highs and lows, it’s 2.715% up from its 52-week low and 7.858% 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 0.02%, a negative 0.15%, and a positive 0.28%, respectively.
EUR/CHF’s highest amplitude of average volatility was 0.11% (last week), 0.25% (last month), and 0.28% (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 Sunday, 28 May, "With this, the EUR/USD retreats towards 1.0700 at the latest, falling towards the 10-week low marked the previous day."
- Eur/usd trades without direction near 1.0720. According to FXStreet on Monday, 29 May, "A pretty quiet start of the new trading week sees EUR/USD wobbling around the 1.0720/30 region so far.", "After bottoming out in multi-week lows just pips above the key 1.0700 mark on Friday, EUR/USD manages to regain some composure and navigates the low-1.0700s on Monday on the back of the generalized lack of direction in the global markets."
- Narrowing of the 10-year ez-us spread will be a supportive factor for eur/usd – MUFG. According to FXStreet on Monday, 29 May, "Outside of that example, EUR/USD tends to mean revert based on data back to mid-1980’s."
- Eur/usd pares losses to 1.0730 on optimism for US debt deal amid quiet markets. According to FXStreet on Monday, 29 May, "Alternatively, the last week’s upbeat prints of the top-tier data including Durable Goods Orders and the Core Personal Consumption Expenditure (PCE) Price Index for the said month, known as the Fed’s preferred inflation gauge, underpin the hawkish Fed bets and weigh on the EUR/USD price. ", "Looking ahead, preliminary readings of the German and Eurozone inflation numbers will precede the US jobs report for May, especially the Nonfarm Payrolls (NFP), to direct the short-term EUR/USD moves. "
More news about EUR/CHF (EURCHF).
