EUR/GBP Over 1% Up In The Last 10 Sessions

(VIANEWS) – EUR/GBP (EURGBP) has been up by 1.92% for the last 10 sessions. At 05:11 EST on Tuesday, 31 October, EUR/GBP (EURGBP) is $0.87.

EUR/GBP’s yearly highs and lows, it’s 2.908% up from its 52-week low and 2.64% down from its 52-week high.

Volatility

EUR/GBP’s last week, last month’s, and last quarter’s current intraday variation average was 0.03%, 0.03%, and 0.21%, respectively.

EUR/GBP’s highest amplitude of average volatility was 0.17% (last week), 0.14% (last month), and 0.21% (last quarter), respectively.

News about

  • According to FXStreet on Monday, 30 October, "Tuesday sees an important BoJ policy meeting, where we think the risks of a policy adjustment and a softer USD/JPY are under-priced. "
  • Usd/jpy trades with mild positive bias blow 150.00, looks to key central bank meetings. According to FXStreet on Monday, 30 October, "This marks a big divergence in comparison to other major central banks, including the Federal Reserve (Fed), which, along with a positive risk tone, is seen undermining the safe-haven Japanese Yen (JPY) and turning out to be a key factor acting as a tailwind for the USD/JPY pair.", "The USD/JPY pair attracts some dip-buying on the first day of a new week and for now, seems to have stalled its retracement slide from the 150.75-150.80 area, or the highest level since October 2022 touched last week. "
  • Boj: any hawkish surprise May nudge usd/jpy toward 145 – standard chartered. According to FXStreet on Monday, 30 October, "In the absence of policy shifts by the BoJ, we expect USD/JPY to trade slightly north of 150. ", "Conversely, indications of policy tightening at the 31 October meeting - be it jettisoning the negative interest rate policy or YCC - could allow USD/JPY to trade closer to 145 though further upside may be limited by Japan’s stillwide rate differentials with the US."
  • Usd/jpy finds support above the 149.00 mark ahead of boj rate decision. According to FXStreet on Tuesday, 31 October, "The USD/JPY pair finds support above the 149.00 mark during early Asian trading hours on Tuesday. ", "The hawkish comments from Fed officials might cap the downside of the Greenback and act as a tailwind for the USD/JPY pair. "

More news about EUR/GBP (EURGBP).

Leave a Reply

Your email address will not be published. Required fields are marked *