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

ViaNews Editorial Team

February 16, 2024

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

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.15% for the last 10 sessions. At 09:12 EST on Friday, 16 February, USD/EUR (USDEUR) is $0.93.

USD/EUR's yearly highs and lows, it's 4.882% up from its 52-week low and 2.8% down from its 52-week high.

Volatility

USD/EUR's last week, last month's, and last quarter's current intraday variation average was 0.11%, 0.09%, and 0.31%, respectively.

USD/EUR's highest amplitude of average volatility was 0.31% (last week), 0.26% (last month), and 0.31% (last quarter), respectively.

News about

  • Eur/usd signal: breaks below the bearish flag pattern - 14 February 2024. According to DailyForex on Wednesday, 14 February, "The EUR/USD pair retreated below the bearish flag pattern as the US dollar index (DXY) surged to its highest point in three months. ", "The EUR/USD pair continued falling as traders embraced a risk-on sentiment after the US inflation data. "
  • Eur/usd: A narrow 1.0700-1.0760 range May again be on hand today – ING. According to FXStreet on Thursday, 15 February, "We cannot see a strong case for an immediate reversal higher in EUR/USD but these relatively high levels of US rates and the Dollar should present opportunities this month for corporates and investors to better position for Fed easing this summer."
  • According to FXStreet on Wednesday, 14 February, "At the time of press, the EUR/USD pair was trading modestly lower on the day at around 1.0700."
  • Eur/usd price analysis: the potential support level is seen at 1.0700. According to FXStreet on Thursday, 15 February, "The EUR/USD pair remains on the defensive above the 1.0700 mark during the early European trading hours on Thursday. ", " Technically, EUR/USD maintains the bearish unchanged as the major pair is below the 50- and 100-period Exponential Moving Averages (EMA) on the four-hour chart. "
  • Eur/usd faces challenges after robust US inflation, consolidates near 1.0700. According to FXStreet on Wednesday, 14 February, "However, the Euro (EUR) faces challenges after the release of the seasonally adjusted Eurozone Gross Domestic Product (GDP) data, which showed consistencybymeeting the market expectations for the fourth quarter, which weakens the Euro, consequently, undermining the EUR/USD pair. ", "A break below the latter could push the EUR/USD pair to navigate the psychological region around 1.0600."

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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