(VIANEWS) – USD/EUR (USDEUR) has been up by 1.66% for the last 21 sessions. At 21:12 EST on Wednesday, 23 August, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.721% up from its 52-week low and 12.24% down from its 52-week high.
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- According to FXStreet on Tuesday, 22 August, "This discrepancy has existed since 2014 and has long been discounted in EUR/USD exchange rates. "
- Eur/usd hits monthly high above 1.0900, makes a u-turn on rising US yields, ahead of powell’s speech. According to FXStreet on Tuesday, 22 August, "Across the pond, a light Eurozone (EU) economic docket keeps the EUR/USD pair trading within familiar levels but set to test the next dynamic support at 200-DMA. ", "However, late EUR/USD buyers stepped into the market and lifted the pair, which trades at 1.0848 after hitting a daily high of 1.0930."
- Eur/usd price analysis: euro bulls attack 1.0910 upside hurdle on softer greenback. According to FXStreet on Tuesday, 22 August, "Even so, the 200-SMA and the previous support line stretched from May 31, respectively near 1.1025 and 1.1095, can prod the EUR/USD bulls.", "Following that, the early June’s swing high of around 1.0775-80 could lure the EUR/USD sellers."
- Eur/usd technical analysis: movements remain in narrow range – 22 August 2023. According to DailyForex on Tuesday, 22 August, "At the beginning of this week’s trading, the price of the EUR/USD currency pair tried to rebound to the upside and stop its recent losses. ", "On the other hand, and for the same period of time, the EUR/USD currency pair will not have an opportunity to rebound to the upside without moving towards the resistance levels 1.0940 and 1.0100, respectively. "
- Eur/usd: recovery could be cut short if preliminary August pmis disappoint – socgen. According to FXStreet on Tuesday, 22 August, "The recovery in EUR/USD to over 1.09, helped by intervention in USD/CNY, could be cut short on Wednesday if the preliminary August PMIs disappoint."
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