(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.69% for the last 21 sessions. At 13:06 EST on Saturday, 10 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 2.411% up from its 52-week low and 2.054% 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 0.24%, a negative 0.07%, and a positive 0.17%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.46% (last week), 0.23% (last month), and 0.17% (last quarter), respectively.
News about
- Eur/usd holds position above 1.0900 after breaking its losing streak. According to FXStreet on Friday, 9 August, "The upside of the EUR/USD pair could be attributed to the downbeat US Dollar (USD), which could be attributed to heightened expectations of a dovish policy outlook by the US Federal Reserve (Fed).", "However, the EUR/USD pair faced challenges as US Initial Jobless Claims fell to 233,000 for the week ending August 2, coming in below the market expectation of 240,000. "
- Eur/usd: stuck in a range between 1.06 and 1.10 this year – rabobank. According to FXStreet on Friday, 9 August, "The ability of EUR/USD to soak up all this news and remain range bound suggests that more of the same may be on the cards in the months ahead. ", "The lack of strong direction in EUR/USD is despite a wealth of news that has included prolonged weakness in Germany’s manufacturing powerhouse, a shift to the far-right in European politics (most notably France) and a ratcheting up of budgetary concerns in a number of Eurozone countries. "
- According to FXStreet on Friday, 9 August, "Even in that scenario, we would think EUR/USD would flatten rather than materially depreciate given the favourable rate spread.", "The risk is, if anything, that markets hold a more defensive view and tolerate an undervalued EUR/USD for longer ahead of the key US CPI risk event. "
- Eur/usd cycles near 1.0900 as fiber traders tread water. According to FXStreet on Thursday, 8 August, "Fiber continues to trade on the high side of a rough descending channel that has weighed on EUR/USD for the duration of 2024. ", "A rising pattern of higher lows is solidifying on daily candlesticks, but EUR/USD is still poised for another dip back into the 200-day Exponential Moving Average (EMA) near 1.0800."
- Eur/usd strengthens above 1.0900 on softer US dollar, eyes on geopolitical risks. According to FXStreet on Thursday, 8 August, "The EUR/USD pair rebounds to near 1.0935, snapping the two-day losing streak during the Asian trading hours on Thursday. ", "Nonetheless, the risk-off sentiment might cap the upside of EUR/USD amid the escalating geopolitical risks. "
More news about GBP/EUR (GBPEUR).
