USD/EUR Over 1% Down In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.57% for the last 21 sessions. At 15:11 EST on Sunday, 10 March, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.988% up from its 52-week low and 4.556% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.29%, a negative 0.06%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.21% (last month), and 0.28% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be overbought (>=80).

News about

  • According to FXStreet on Friday, 8 March, "Loosening US labor market conditions and Powell’s comments smashed the US Dollar to fresh one-month lows across its major counterparts, lifting the EUR/USD pair to a six-week high above 1.0900. ", "The EUR/USD pair broke through the critical 50-day Simple Moving Average (SMA) at 1.0857 on Wednesday, opening the door for further upside. "
  • Eur/usd flatlines near 1.0950, US payrolls eyed. According to FXStreet on Friday, 8 March, "Amidst this anticipation, the EUR/USD pair hovers around 1.0950 during the Asian trading hours on Friday."
  • Eur/usd could rise further in the very near term on soft NFP – danske bank. According to FXStreet on Friday, 8 March, "Economists at Danske Bank discuss the possibility of a short-term rise in EUR/USD due to USD weakness resulting from softer US data.", "If our expectation of a softer US labour market holds true, we could see EUR/USD rise further in the very near term. "
  • Eur/usd to edge higher if the fed and the ECB start their rate-cutting cycles at the same time – commerzbank. According to FXStreet on Friday, 8 March, "This means that if the Fed and the ECB start their rate-cutting cycles at the same time, ceteris paribus, this is an argument for higher EUR/USD rates. "

More news about USD/EUR (USDEUR).

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