(VIANEWS) - USD/EUR (USDEUR) has been up by 2.85% for the last 21 sessions. At 21:16 EST on Wednesday, 28 August, USD/EUR (USDEUR) is $0.90.
USD/EUR's yearly highs and lows, it's 0.582% up from its 52-week low and 6.165% 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 0.10%, a negative 0.17%, and a positive 0.28%, respectively.
USD/EUR's highest amplitude of average volatility was 0.36% (last week), 0.34% (last month), and 0.28% (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 overbought (>=80).
News about
- According to FXStreet on Tuesday, 27 August, "Technically, we think EUR/USD does resemble a coiled spring and that a move above 1.12 could trigger some strong follow-through buying as the speculative community sniffs out a new trend. ", "And after a strong rallysince early August, it looks like EUR/USD could be due some consolidation. "
- According to FXStreet on Wednesday, 28 August, "That could argue for EUR/USD above 1.12but the softer risk environment is favouring some profit-taking, and there may be some speculation that some rewidening in that rate differential is due.", "But we don't see the conditions for the recent EUR/USD rally to be substantially unwound. "
- According to FXStreet on Wednesday, 28 August, "Indeed, if the value of EUR/USD continues its ascent, given the backdrop of moderating inflationary pressure in the Eurozone, there may be more reason for the ECB to lower rates.", "Consequently, we don't see EUR/USD trading much higher than 1.12 in the coming months. "
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