(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.53% for the last 21 sessions. At 11:06 EST on Friday, 15 December, GBP/EUR (GBPEUR) is $1.16.
GBP/EUR’s yearly highs and lows, it’s 4.328% up from its 52-week low and 1.3% 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 0.15%, a positive 0.05%, and a positive 0.20%, respectively.
GBP/EUR’s highest amplitude of average volatility was 0.15% (last week), 0.19% (last month), and 0.20% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GBP/EUR’s Forex is considered to be overbought (>=80).
News about
- Usd/jpy forecast: looking to move against yen – 14 December 2023. According to DailyForex on Thursday, 14 December, "As the end of the year approaches, these central bank decisions will provide vital clues about the future course of the USD/JPY pair. ", "In summary, the USD/JPY market is currently navigating a period of anticipation and uncertainty, with key influences coming from central bank policies. "
- Usd/jpy analysis: eyes turn cautiously to the federal reserve's decisions – 13 December 2023. According to DailyForex on Wednesday, 13 December, "Since the start of trading this week, the price of the USD/JPY has been trying to rebound higher. ", "Thus, that’s indicating that the USD/JPY may be among the most volatile pairs after the Fed announced its decision."
- Usd/jpy drops post fed decision, as US dollar and US yields plummet. According to FXStreet on Thursday, 14 December, "The USD/JPY edges down following Wednesday’s Federal Reserve’s (Fed) decision, which sent US Treasury yields plummeting alongside the Greenback. ", "Another factor that’s influencing the USD/JPY pair is the plunge of the 10-year benchmark note rate, closely correlated with the major. "
- According to FXStreet on Thursday, 14 December, "The global inflation shock is reversing and that has the greatest implications for JPY with even a partial reversal of the move in USD/JPY from 115.00 to 150.00 implying considerable scope to outperform."
- According to FXStreet on Thursday, 14 December, "Asustained strength beyond the latter, however, could trigger a short-covering rally and lift the USD/JPY pair to the 144.00 mark, which should act as a key pivotal point. ", "Apart from this, the post-FOMC selling around the Greenback, which remains unabated, drags the USD/JPY pair to the 141.15 region in the last hour. "
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