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

ViaNews Editorial Team

February 13, 2023

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

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.57% for the last 10 sessions. At 05:09 EST on Monday, 13 February, USD/EUR (USDEUR) is $0.94.

USD/EUR's yearly highs and lows, it's 6.654% up from its 52-week low and 10.695% 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 positive 0.15%, a negative 0.09%, and a positive 0.52%, respectively.

USD/EUR's highest amplitude of average volatility was 0.19% (last week), 0.42% (last month), and 0.52% (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 oversold (<=20).

News about

  • Eur/usd price analysis: sellers attack 1.0660 key support at monthly low. According to FXStreet on Monday, 13 February, "Hence, the quote is all set to conquer the immediate 1.0660 support, which in turn pens the south-run towards the 50% and 61.8% Fibonacci retracement level of the EUR/USD run-up from November 2022 to February 2023, respectively near 1.0630 and 1.0530.", "It's worth noting, however, that the previous monthly low around 1.0480 could challenge the EUR/USD bears past 1.0530."
  • Eur/usd to rise to 1.10 by Q2 – deutsche bank. According to FXStreet on Monday, 13 February, "Economists at Deutsche Bank expect the EUR/USD and GBP/USD pairs to climb towards 1.10 and 1.25 by Q2, respectively.", "There is scope for the EUR/USD to catch-up to favourable energy and monetary policy developments and reach 1.10 by Q2."
  • Eur/usd renews monthly low below 1.0700 amid ecb, fed chatters, focus on EU gdp, US inflation. According to FXStreet on Monday, 13 February, "However, cautious mood ahead of the key US Consumer Price Index (CPI) for January and the preliminary readings of the Eurozone fourth quarter (Q4) Gross Domestic Product, up for publishing on Tuesday, seem to probe the EUR/USD bears."
  • Eur/usd sees more weakness below 1.0660 as investors expect a surprise upside in US CPI. According to FXStreet on Sunday, 12 February, "The EUR/USD pair has showed a pullback move to near 1.0680 in the early Tokyo session. "

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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