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MarketFX

GBP/EUR Bearish By 1% In The Last 10 Sessions

ViaNews Editorial Team

December 22, 2023

GBP/EUR Bearish By 1% In The Last 10 Sessions

(VIANEWS) - GBP/EUR (GBPEUR) has been up by 1.22% for the last 10 sessions. At 03:08 EST on Friday, 22 December, GBP/EUR (GBPEUR) is $1.15.

GBP/EUR's yearly highs and lows, it's 3.457% up from its 52-week low and 2.124% down from its 52-week high.

Volatility

GBP/EUR's last week, last month's, and last quarter's current intraday variation average was a negative 0.01%, a positive 0.07%, and a positive 0.19%, respectively.

GBP/EUR's highest amplitude of average volatility was 0.20% (last week), 0.20% (last month), and 0.19% (last quarter), respectively.

News about

  • According to FXStreet on Tuesday, 19 December, "The Japanese Yen (JPY) comes under heavy selling pressure and pushes the USD/JPY pair higher for the third straight day after the Bank of Japan (BoJ) announced its policy decision earlier this Tuesday. ", "Traders might also refrain from placing aggressive bullish bets around the USD/JPY pair ahead of the BoJ Governor Kazuo Ueda's post-meeting press conference, which will be scrutinized for the possibility of an imminent shift in the policy stance next year."
  • Usd/jpy: boj puts the fate of the yen in the hands of the fed or the dollar – commerzbank. According to FXStreet on Tuesday, 19 December, "In other words, in the end, it will never be about Yen strength, but always about Dollar weakness when USD/JPY falls (for example, because Fed rate cut expectations are rising, as is the case now). "
  • Usd/jpy rallies nearing 145.00 fuelled by a dovish boj. According to FXStreet on Tuesday, 19 December, "This has boosted the USD/JPY about 1.25% higher on the day so far, to reach intra-day highs near 145.00."
  • Usd/jpy corrects from 145.00 as fed’s rate cut expectations soar. According to FXStreet on Wednesday, 20 December, "The USD/JPY pair corrects to near 143.50 amid expectations that the Federal Reserve (Fed) will start lowering borrowing interest rates earlier than projected by policymakers. "
  • Usd/jpy forecast: recovers, waiting for the bank of Japan - 19 December 2023. According to DailyForex on Tuesday, 19 December, "Many traders might use the USD/JPY chart as a gauge for trading the Japanese yen, even if they do not directly trade this specific pair."

More news about GBP/EUR (GBPEUR).

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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.