USD/EUR Is 1% Down In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.04% for the last 10 sessions. At 14:08 EST on Wednesday, 3 May, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.178% up from its 52-week low and 13.852% down from its 52-week high.

News about

  • Eur/usd forex signal: bears seem to be prevailing ahead of fed – 02 May 2023. According to DailyForex on Tuesday, 2 May, "The EUR/USD exchange rate dropped on Monday and early Tuesday after the collapse of First Republic Bank and after the latest US manufacturing PMI data. ", "The EUR/USD pair moved downwards as focus remained solidly on the upcoming Fed and ECB decisions. "
  • Eur/usd gauges cushion around 1.1000 as investors anticipate bumper rate hike from ECB. According to FXStreet on Monday, 1 May, "The EUR/USD pair has found an intermediate cushion after a steep correction to near the psychological support of 1.1000. "
  • Eur/usd set to take 1.1000 amid US default woes and hawkish ECB bets, eurozone CPI eyed. According to FXStreet on Tuesday, 2 May, "Given the likely unchanged figures, any negative surprise won’t hesitate to recall the EUR/USD bears amid hawkish Fed bets. ", "Looking ahead, German Retail Sales for March and the ECB Bank Landing Survey may entertain EUR/USD pair traders ahead of the first readings of the Eurozone’s key inflation gauge for April, namely Harmonized Index of Consumer Prices (HICP). "
  • Eur/usd price analysis: bears eye 1.0960 as US dollar cheers pre fed, ECB anxiety. According to FXStreet on Monday, 1 May, "Given the Euro pair’s failure to defend the previous week’s bounce off short-term horizontal support, coupled with the recently impending bearish signals from the MACD indicator, the EUR/USD sellers are likely to keep the reins.", "On the contrary, EUR/USD recovery may aim for the 1.1050 round figures before directing the pair buyers towards a 12-day-long horizontal resistance area surrounding 1.1065-70."

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