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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.85% for the last 21 sessions. At 17:07 EST on Friday, 12 May, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 2.23% up from its 52-week low and 12.087% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.16%, 0.01%, and 0.42%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.37% (last month), and 0.42% (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 ignores hawkish ECB versus softer US inflation play to retreat towards 1.0960 support. According to FXStreet on Thursday, 11 May, "Looking forward, a light calendar in the bloc highlights the risk catalysts as the notable directives for the EUR/USD pair traders to watch ahead of the US Producer Price Index (PPI) for April, expected to ease to 2.4% YoY."
  • According to FXStreet on Wednesday, 10 May, "Despite the hawkish comments from Lagarde, EUR/USD is holding lower near 1.0950, down 0.09% on the day."
  • Eur/usd endogenous inflation momentum not a factor putting pressure on euro – commerzbank. According to FXStreet on Wednesday, 10 May, "Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, discusses the vagaries of inflation momentum, the reaction function of the central banks and the EUR/USD outlook."
  • Eur/usd: five factors that could trigger a correction lower – socgen. According to FXStreet on Wednesday, 10 May, "May has been by far the worst month for EUR/USD over the past 20 years, with 63% of the years seeing a lower Euro. "

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published.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