EUR/CHF Falls By 1% In The Last 10 Sessions

(VIANEWS) – EUR/CHF (EURCHF) has been up by 1.02% for the last 10 sessions. At 13:06 EST on Sunday, 4 February, EUR/CHF (EURCHF) is $0.93.

EUR/CHF’s yearly highs and lows, it’s 3.499% up from its 52-week low and 6.922% 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 0.22%, a negative 0.01%, and a positive 0.24%, respectively.

EUR/CHF’s highest amplitude of average volatility was 0.28% (last week), 0.22% (last month), and 0.24% (last quarter), respectively.

News about

  • According to FXStreet on Friday, 2 February, "This, in turn, might contribute to capping any meaningful recovery for the USD/JPY pair heading into the key US data risk. ", "The subsequent move up has the potential to lift the USD/JPY pair further towards the 148.00 mark en route to the 148.75-148.80 double-top resistance, or the YTD peak touched in January."
  • Usd/jpy price analysis: advances to near 146.60 amid a momentum shift. According to FXStreet on Friday, 2 February, "A decisive break below this level could exert downward pressure on the USD/JPY pair, potentially reaching the 38.2% Fibonacci retracement at 145.53, aligned with the major support at 145.50.", "The technical analysis of the 14-day Relative Strength Index (RSI) for USD/JPY suggests a bullish momentum as it is positioned above the 50 level."
  • Usd/jpy should trade back to 147.00 in Q1 before declining towards 144.00 in Q2 – CIBC. According to FXStreet on Friday, 2 February, "We expect USD/JPY has already peaked and should trade back to 147.00 in Q1 before declining towards 144.00 in Q2 (after a ‘dovish’ BoJ rate hike in April - rates will likely be increased but BoJ guidance will still be dovish). ", "Thereafter, we expect Fed cuts and the outlook for gradual BoJ YCC adjustments to push USD/JPY to 140.00 in Q3 and 135.00 in Q4 2024."
  • Usd/jpy soars to new highs after strong US jobs data dampens rate cut hops. According to FXStreet on Friday, 2 February, "The USD/JPY bounces from around the 146.00 handle and prints a new three-day high at 148.05 after a strong US Nonfarm Payrolls report pushed aside Federal Reserve’s rate cut speculations amongst the investment community. ", "Following the report, the US 10-year Treasury note yield, which closely correlates with the USD/JPY pair, soared from around 3.90% to 4% and gained more than ten basis points (bps). "

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