(VIANEWS) – USD/EUR (USDEUR) has been up by 2.88% for the last 21 sessions. At 08:13 EST on Wednesday, 16 August, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.259% up from its 52-week low and 12.631% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.10%, 0.11%, and 0.31%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.27% (last month), and 0.31% (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
- Japan Q2 GDP improves to 1.5% qoq versus 0.8% expected and 0.7% prior, usd/jpy slides below 145.50. According to FXStreet on Tuesday, 15 August, "Following the data, USD/JPY refreshed intraday low to 145.37, around 145.45 by the press time, while extending the late Monday’s U-turn from the highest level since November 2022, as well as probing the five-day uptrend."
- Usd/jpy: there is no reason for interventions at present, the period of yen weakness is over – commerzbank. According to FXStreet on Monday, 14 August, "If there are no interventions despite increasingly high USD/JPY levels the market might easily come to the conclusion that the MOF is a toothless tiger. ", "As they would not only have turned out to be incapable of preventing medium-term JPY weakness but because very easily such a revaluation of the MOF might cause momentum, that might lead to higher USD/JPY levels than would have been seen in a scenario when the MOF had remained silent on the subject of JPY exchange rates."
- Usd/jpy retreats towards 145.00 as upbeat Japan statistics join US dollar’s pullback ahead of retail sales. According to FXStreet on Tuesday, 15 August, "It’s worth noting that the latest comments from Japanese Finance Minister Shunichi Suzuki also teased likely another intervention from Tokyo and exerted downside pressure on USD/JPY price. ", "Elsewhere, the US 10-year Treasury bond yields seesaw at the highest level since November 2022, marked the previous day, making rounds to 4.20% by the press time, which in turn also prods the USD/JPY buyers from extending the previous day’s run-up."
- Usd/jpy holds steady around mid-145.00s, bulls retain control near YTD peak. According to FXStreet on Tuesday, 15 August, "The US Dollar (USD) holds steady just below a two-month peak touched the previous day and turns out to be a key factor acting as a tailwind for the USD/JPY pair. ", "The USD/JPY pair oscillates in a narrow band around mid-145.00s during the Asian session on Tuesday and consolidates its recent gains to a fresh high since November 2022. "
- Usd/jpy hits fresh YTD top around 145.20, lacks follow-through amid intervention fears. According to FXStreet on Monday, 14 August, "The USD/JPY pair kicks off the new week on a positive note and touches a fresh YTD peak during the Asian session. ", "The US Dollar (USD) climbs to a fresh peak since July 7 and continues to draw support from rising bets for further tightening by the Federal Reserve (Fed), which, in turn, is seen as a key factor acting as a tailwind for the USD/JPY pair. "
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