(VIANEWS) – USD/EUR (USDEUR) has been up by 1.33% for the last 10 sessions. At 14:07 EST on Friday, 22 March, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 4.33% up from its 52-week low and 3.312% 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 0.12%, a negative 0.06%, and a positive 0.24%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.22% (last week), 0.22% (last month), and 0.24% (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
- Eur/usd price analysis: holds steady above mid-1.0800s, lacks follow-through ahead of fed. According to FXStreet on Wednesday, 20 March, "Some follow-through selling could make the EUR/USD pair vulnerable to retesting sub-1.0700 levels, or the YTD low touched on February 14.", "This, in turn, will play a key role in influencing the US Dollar (USD) price dynamics and provide a fresh directional impetus to the EUR/USD pair."
- According to FXStreet on Wednesday, 20 March, "That said, we expect a firm USD to prevail for some months and see risk of EUR/USD dipping back to 1.0700 in the weeks ahead."
- Eur/usd May slip to 1.0800 if the fed underlines its caution about extent of future rate cuts – commerzbank. According to FXStreet on Wednesday, 20 March, "If there are signs that the FOMC members are becoming more cautious about the timing and extent of future rate cuts, the Dollar may well gain further and EUR/USD may slip towards the 1.0800 mark."
- Eur/usd analysis: recovery post fed's rate decision – 21 March 2024. According to DailyForex on Thursday, 21 March, "The EUR/USD currency pair recovered significantly after the Federal Reserve left the US interest rate unchanged at its highest level in 23 years at 5.25%-5.5% for the fifth consecutive meeting in March 2024, in line with market expectations.", "The EUR/USD currency pair’s gains reached the resistance level of 1.0930, recovering from their losses at the beginning of the week, which reached 1.0835. "
- Eur/usd rallies back up to 1.0900s after fed meeting. According to FXStreet on Thursday, 21 March, "The next key release for the EUR/USD pair is the Eurozone March Purchasing Manager Indices (PMI) from S&P Global and Hamburg Commercial Bank (HCOB), out at 10:00 GMT on Thursday.", "A higher-than-expected result would likely be bullish for EUR/USD and vice versa for a lower-than-expected result."
More news about USD/EUR (USDEUR).
