(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.69% for the last 21 sessions. At 05:13 EST on Friday, 8 December, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 4.732% up from its 52-week low and 0.918% 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
- Eur/usd sticks to modest recovery gains around 1.0775-80 area amid weaker USD. According to FXStreet on Thursday, 7 December, "In fact, the markets are now pricing in the possibility of a 142 bps cumulative rate cut in 2024, which should cap the EUR/USD pair.", "That said, a generally weaker tone around the equity markets should help limit losses for the safe-haven buck and cap any meaningful appreciating move for the EUR/USD pair."
- Eur/usd analysis: amid new bearish penetrations – 07 December 2023. According to DailyForex on Thursday, 7 December, "In the long term, and according to the performance on the daily chart, it appears that the EUR/USD has recently completed a downward breach from the formation of an ascending channel. ", "On the economic side, the EUR/USD is trading influenced by the results of recent economic data. "
- Eur/usd extends Thursday gains, clears 1.0800 as markets jostle for position ahead of Friday's US NFP. According to FXStreet on Thursday, 7 December, "Technical support is looking thin at the 50-day SMA near 1.0700, with the moving average lifting into a bullish stance after the EUR/USD bottomed out near 1.0450 back in October, and has been climbing ever since.", "Daily candlesticks have the EUR/USD getting snagged on the 200-day SMA as the pair gears up to snap a six-day losing streak."
- Eur/usd posts modest gains around 1.0770 ahead of eurozone gdp, US jobless claims. According to FXStreet on Thursday, 7 December, " The EUR/USD pair posts modest gains during the early Asian section on Thursday. "
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