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

ViaNews Editorial Team

September 12, 2024

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

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.01% for the last 10 sessions. At 20:11 EST on Wednesday, 11 September, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 1.703% up from its 52-week low and 5.12% 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 0.02%, a negative 0.08%, and a positive 0.27%, respectively.

USD/EUR's highest amplitude of average volatility was 0.27% (last week), 0.33% (last month), and 0.27% (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

  • According to FXStreet on Wednesday, 11 September, "The EUR/USD pair hovers around 1.1020, while GBP/USD met buyers around 1.3000 and now changes hands at around 1.3050. "
  • Eur/usd dips as German inflation falls, ECB rate cut looms. According to FXStreet on Tuesday, 10 September, "The EUR/USD retreated on Tuesday after the latest inflation report in Germany, which increased the likelihood of another interest rate cut by the European Central Bank (ECB). ", "At the time of writing, the EUR/USD trades at 1.1021, virtually unchanged, as Wednesday's Asian session begins."
  • According to FXStreet on Tuesday, 10 September, "Therefore, the market will probably quickly shift its focus to the ECB meeting on Thursday and trade EUR/USD sideways for the time being."
  • According to FXStreet on Tuesday, 10 September, "In the meantime, EUR/USD is treading water ahead of Thursday's ECB meeting. "
  • According to FXStreet on Wednesday, 11 September, "Eren Sengezer, European Session Lead Analyst at FXStreet, offers a brief technical outlook for EUR/USD and explains: "EUR/USD's near-term technical picture highlights a lack of buyer interest. "

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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