USD/EUR Is 1% Up In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.79% for the last 21 sessions. At 09:10 EST on Thursday, 14 September, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 5.525% up from its 52-week low and 10.714% 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 0.03%, a positive 0.07%, and a positive 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.20% (last week), 0.30% (last month), and 0.33% (last quarter), respectively.

News about

  • Eur/usd is likely to move sideways for lack of impetus – commerzbank. According to FXStreet on Tuesday, 12 September, "In the run-up to the ECB meeting on Thursday, the market seems to be shying away from trading EUR/USD sustainably below the 1.07 mark."
  • Eur/usd: further depreciation towards 1.05 is possible – socgen. According to FXStreet on Tuesday, 12 September, "A 25 bps increase instead of a pause this Thursday would surprise investors considering current pricing but would probably not turn the tide for EUR/USD in a meaningful or durable fashion. ", "No change in rates would have to be accompanied by indication of faster QT (steeper long end of the Bund curve, higher real rates) to avoid a new round of selling EUR/USD and potentially broader EUR/G10."
  • Eur/usd remains on the defensive below mid-1.0700s, looks to German ZEW survey. According to FXStreet on Tuesday, 12 September, "The EUR/USD pair struggles to capitalize on the overnight strong move up to a four-day high and trades with a mild negative bias during the Asian session on Tuesday. ", "The focus, however, will remain glued to the crucial US consumer inflation figures on Wednesday and the ECB meeting on Thursday, which will play a key role in influencing the EUR/USD pair’s near-term trajectory. "
  • Eur/usd technical analysis: cautious stability in narrow range – 12 September 2023. According to DailyForex on Tuesday, 12 September, "Expectations of the euro against the dollar today:There is no change in my technical point of view as I expect the downward momentum of the EUR/USD currency pair to continue until the markets and investors react to the European Central Bank’s policy decisions later this week.", "Analysts believe that the EUR/USD exchange rate now looks poised to anchor below 1.07 if the European Central Bank fails to strike the right chord on Thursday and midweek data from the United States is hotter than expected."
  • Eur/usd forex signal: bearish breakdown looking likely – 12 September 2023. According to DailyForex on Tuesday, 12 September, "My previous EUR/USD signal on 7th September was not triggered as there was insufficiently bullish price action when the support level at $1.0700 was first reached.", "In my previous analysis of the EUR/USD currency pair, I wrote that the technical picture had become more bearish although I noted the cluster of support levels above the round number at $1.0600."

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *