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USD/EUR Is 3% Down In The Last 21 Sessions

ViaNews Editorial Team

November 28, 2023

USD/EUR Is 3% Down In The Last 21 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 3.27% for the last 21 sessions. At 23:13 EST on Monday, 27 November, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.988% up from its 52-week low and 5.99% down from its 52-week high.

News about

  • Analysis of the US dollar against the Japanese yen usd/jpy :the chance of returning to its record levels - 27 November 2023. According to DailyForex on Monday, 27 November, "After many sell-offs, which I often pointed out could happen at any time, when the US Dollar against the Japanese Yen USD/JPY pair tested sharp consecutive gains reaching the resistance level of 151.90, the highest in more than a year, it was natural for profit-taking sell-offs to occur, moving the currency pair towards the support level of 147.15 with bearish momentum from the decline in US inflation rates.", "The USD/JPY pair then rebounded upwards again, gaining up to the resistance level of 149.74, the closest point to the psychological resistance of 150.00, which often supports the strong control of the bulls over the currency pair. "
  • Usd/jpy extends the range-bound theme around 149.50 ahead of the US housing data. According to FXStreet on Monday, 27 November, "The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s during the early Asian session on Monday. ", "In the absence of top-tier economic data released from the Japanese docket this week, the USD/JPY pair remains at the mercy of USD price dynamics. "
  • Usd/jpy undeterred by Japan's inflation figures, US PCE data from October looms. According to FXStreet on Monday, 27 November, "In Monday's trading session, the USD/JPY pair is experiencing a downturn, anchored currently at the 148.90 mark. ", "That said, despite bears exerting downward pressure and the pair residing below the 20-day Simple Moving Average (SMA), the USD/JPY still stands firm above the crucial 100 and 200-day SMAs. "

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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