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GBP/EUR Over 1% Up In The Last 21 Sessions

ViaNews Editorial Team

December 8, 2023

GBP/EUR Over 1% Up In The Last 21 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.67% for the last 21 sessions. At 18:10 EST on Friday, 8 December, GBP/EUR (GBPEUR) is $1.17.

GBP/EUR's yearly highs and lows, it's 4.714% up from its 52-week low and 0.935% down from its 52-week high.

Volatility

GBP/EUR's last week, last month's, and last quarter's current intraday variation average was 0.15%, 0.07%, and 0.20%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.24% (last week), 0.21% (last month), and 0.20% (last quarter), respectively.

News about

  • Usd/jpy sticks close to 147.50 heading into the back half of the trading week. According to FXStreet on Wednesday, 6 December, "The USD/JPY is seeing thin trading heading into the back half of the trading week, holding near the 147.50 level ahead of Thursday's US Initial Jobless Claims that will give way to Friday's Japanese Gross Domestic Product (GDP) and the latest US Nonfarm Payrolls (NFP) report that will cap off the trading week.", "The USD/JPY is seeing thin, tight trading near the 147.50 level, with near-term bids getting propped up north of 146.00 while also constrained by the 148.00 handle to the topside."
  • Usd/jpy trades better bid above 147.00 after dovish boj commentary. According to FXStreet on Wednesday, 6 December, "The swift US Dollar rebound lifted USD/JPY from daily lows of 146.56, as the pair went on to settle Tuesday almost unchanged at 147.20. ", "Further, a minor rebound in the US Treasury bond yields is helping the USD/JPY to stay afloat amid a retreat in the US Dollar across the board. "
  • Usd/jpy analysis: the impact on the policy change of the Japanese central bank - 07 December 2023. According to DailyForex on Thursday, 7 December, "Furthermore, the future performance of USD/JPY depends on the reaction to the announcement of US jobs numbers tomorrow. ", "For three consecutive weeks, the USD/JPY has been subjected to profit-taking selloffs since testing the resistance level of 151.90, its highest in over a year, in the middle of last month. "
  • Usd/jpy forecast: continues to hang about support against yen - 06 December 2023. According to DailyForex on Wednesday, 6 December, "It's essential to understand that the USD/JPY currency pair is significantly influenced by U.S. interest rates, especially the 10-year yield. ", "The trajectory of the USD/JPY pair will be heavily dictated by these evolving economic narratives and the actions of central banks that are seemingly the only thing people are talking about. "

More news about GBP/EUR (GBPEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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