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

ViaNews Editorial Team

November 4, 2023

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

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.72% for the last 21 sessions. At 20:11 EST on Friday, 3 November, USD/EUR (USDEUR) is $0.93.

USD/EUR's yearly highs and lows, it's 5.153% up from its 52-week low and 9.086% 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 0.06%, a negative 0.05%, and a positive 0.28%, respectively.

USD/EUR's highest amplitude of average volatility was 0.23% (last week), 0.28% (last month), and 0.28% (last quarter), respectively.

News about

  • Eur/usd holds below 1.0560 after ADP and treasury refunding. According to FXStreet on Wednesday, 1 November, "The EUR/USD pair reached a bottom at 1.0540, the lowest level in three days, and bounced to 1.0557 following the release of the ADP employment report and the Treasury refunding announcement. ", "Below the daily lows, the next support for EUR/USD emerges at 1.0520, last week's low, followed by 1.0493 (Oct 13 low). "
  • Eur/usd drops to fresh weekly lows, despite mixed US economic data. According to FXStreet on Wednesday, 1 November, "The EUR/USD downtrend remains intact, and it could accelerate if the pair achieves a daily close below the bottom trendline of the bearish flag. "
  • Eur/usd rebounding into 1.0580 for the day after fed leaves rates unchanged. According to FXStreet on Wednesday, 1 November, "The EUR/USD is recovering into Wednesday's peaks after a steady Federal Reserve (Fed) rate call pushes the US Dollar (USD) back down to the day's low bids.", "The markets have reacted risk-on following the Fed showing, and the EUR/USD is trading back into the day's opening bids."
  • Eur/usd stays near 1.0550 as fed keeps rates unchaged. According to FXStreet on Wednesday, 1 November, "The EUR/USD rose modestly to 1.0552 after the FOMC statement and then lost momentum. "
  • According to FXStreet on Wednesday, 1 November, "In any case, the 50-day Simple Moving Average (SMA) aligns as initial resistance at 1.0650 for EUR/USD before 1.0750 (Fibonacci 38.2% retracement level of the July-October downtrend) and 1.0800 (100-day SMA, 200-day SMA). "

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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