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USD/EUR Over 2% Up In The Last 21 Sessions

ViaNews Editorial Team

October 5, 2023

USD/EUR Over 2% Up In The Last 21 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 2.02% for the last 21 sessions. At 07:12 EST on Thursday, 5 October, USD/EUR (USDEUR) is $0.95.

USD/EUR's yearly highs and lows, it's 7.227% up from its 52-week low and 8.364% down from its 52-week high.

News about

  • Usd/jpy technical analysis: anticipating US data and Japan intervention - 03 October 2023. According to DailyForex on Tuesday, 3 October, "According to the performance on the daily chart below, the general trend of the USD/JPY pair is still bullish. ", "Currently, I prefer to sell the USD/JPY from every rising level rather than risk buying from peaks where Japanese government intervention is expected. "
  • Usd/jpy seeking 150.00 as US dollar rises across the board. According to FXStreet on Tuesday, 3 October, "Hourly candles see the USD/JPY trading well above the 200-hour Simple Moving Average (SMA) near 148.90 as the major moving average sees itself pinned in place to a rising near-term trendline from last week's swing low into 147.32.", "The USD/JPY is pushing into its highest prices in eleven months, driving towards the 150.00 major handle as the US Dollar (USD) catches a broad-market ride up the charts on souring investor appetite and risk-off flows piling into the safe haven USD. "
  • Usd/jpy: the risk-reward remains skewed to the downside – MUFG. According to FXStreet on Tuesday, 3 October, "The risk-reward in USD/JPY remains skewed to the downside at this juncture although a break higher initially now seems more likely, which will then likely prompt the intervention being hinted at. "
  • According to FXStreet on Wednesday, 4 October, "After rising a few pips above 150.00 in the American session, USD/JPY fell sharply and lost more than 200 pips in a matter of minutes. ", "Japanese Finance Minister Shunichi Suzuki, however, said that he doesn't want to "comment on whether Japan intervened in the FX market." USD/JPY climbed back above 149.00 and stabilized there on Wednesday."
  • Usd/jpy seems doomed to spike higher once it breaks 150 – socgen. According to FXStreet on Tuesday, 3 October, "The USD/JPY pair seems doomed to spike higher once it breaks 150, and if that pressure on CNH, then another leg down for AUD, NZD and to a lesser extent CAD will follow too."

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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