USD/EUR Is 2% Down In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.69% for the last 21 sessions. At 22:15 EST on Sunday, 3 December, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.631% up from its 52-week low and 4.01% 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 0.15%, a negative 0.18%, and a positive 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.30% (last week), 0.36% (last month), and 0.31% (last quarter), respectively.

News about

  • Eur/usd: ECB dovish repricing not necessarily a damper – ING. According to FXStreet on Friday, 1 December, "However, that won’t be necessary to put pressure on EUR/USD if short-term differentials reconnect with the pair.", "The 2-year EUR-USD swap spread is now at 178 bps the lowest since December 2022, when EUR/USD was at 1.05."
  • According to FXStreet on Friday, 1 December, "The Euro (EUR) manages to regain some balance against the US Dollar (USD) at the end of the week, prompting EUR/USD to revisit the area just beyond 1.0900 the figure.", "Extra losses could prompt EUR/USD to initially confront the key 200-day SMA at 1.0817, while the 55-day SMA at 1.0679 should provide further temporary contention. "
  • According to FXStreet on Friday, 1 December, "Wethink the Dollar story will be enough to drag EUR/USD higher through 2024 - 1.15 is our year-end target - but the moves should be relatively modest."
  • Eur/usd: December seasonals bullish – MUFG. According to FXStreet on Friday, 1 December, "Furthermore in 8 of the 11 occasions when EUR/USD moved higher in November it was followed by a December gain.", "There is a seasonal bias that is quite compelling for EUR/USD in December - 14 Decembers from the last 20 years have seen a higher EUR/USD with an average gain over those 14 occasions an impressive 2.6%. "

More news about USD/EUR (USDEUR).

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