(VIANEWS) – USD/EUR (USDEUR) has been up by 1.25% for the last 10 sessions. At 05:09 EST on Friday, 4 October, USD/EUR (USDEUR) is $0.91.
USD/EUR’s yearly highs and lows, it’s 1.693% up from its 52-week low and 4.907% 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 0.22%, a negative 0.02%, and a positive 0.27%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.22% (last week), 0.28% (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
- Eur/usd slides lower on increasing pessimism about European economy, tighter fed, USD haven flows. According to FXStreet on Thursday, 3 October, "Rising geopolitical tensions in the Middle East further support the US Dollar because the Greenback is viewed as a safe-haven in times of crisis, further weighing on the EUR/USD pair. "
- Eur/usd declines after inflation miss, strong US jobs data, safe-haven flows. According to FXStreet on Wednesday, 2 October, "The main releases likely to impact EUR/USD on Wednesday are the Eurozone Unemployment Rate for August; US ADP Employment Change data for September and comments from Federal Reserve (Fed) officials, including Fed Governor Michelle Bowman and Richmond Fed President Thomas Barkin."
- Eur/usd extends losing streak toward 1.1000 due to rising odds of an ECB rate cut. According to FXStreet on Friday, 4 October, "The EUR/USD pair depreciates as the US Dollar (USD) receives support from a better-than-expected US ISM Services PMI and ADP Employment Change reports, which challenged dovish expectations for Federal Reserve (Fed) monetary policy."
- Eur/usd touches three-week low, around 1.1030 amid stronger USD. According to FXStreet on Thursday, 3 October, "This, in turn, is seen as a key factor that continues to exert downward pressure on the EUR/USD pair.", "This, along with speeches by influential FOMC members, will drive the USD demand and allow traders to grab short-term opportunities around the EUR/USD pair."
More news about USD/EUR (USDEUR).
