USD/EUR Over 3% Up In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.14% for the last 21 sessions. At 19:11 EST on Friday, 10 November, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 5.694% up from its 52-week low and 4.707% 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 0.21%, a negative 0.05%, and a positive 0.29%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.31% (last month), and 0.29% (last quarter), respectively.

News about

  • According to FXStreet on Wednesday, 8 November, "The Euro (EUR) remains on the defensiveagainst the US Dollar (USD), forcing EUR/USD to retreat further and print new weekly lows in the1.0660 zone, where some initial contention emerged so faron Wednesday.", "The continuation of the selling pressure could force EUR/USD to initially revisit the weekly low of 1.0495 (October 13), ahead of the 2023 bottom at 1.0448 (October 15) and the round number of 1.0400."
  • Eur/usd: fresh 2023 lows prior to year-end – CIBC. According to FXStreet on Wednesday, 8 November, "With significant negativity already priced for Europe, further EUR/USD weakness will come from the USD leg, economists at CIBC Capital Markets report.", "Although real money players may have almost halved EUR holdings from early August highs a further consolidation underlines the presumption of fresh 2023 EUR/USD lows prior to year-end."
  • Eur/usd price analysis: moves below key level at 1.0700 toward seven-day EMA. According to FXStreet on Wednesday, 8 November, "A firm breakthrough above the level could support the EUR/USD pair to explore the region around the major level at 1.0750 aligned with the 38.2% Fibonacci retracement at 1.0764.", "A firm break below the latter could push the EUR/USD pair could find support around the psychological level of 1.0550, followed by the previous week’s low at 1.0516."
  • Eur/usd: things might get volatile today – commerzbank. According to FXStreet on Wednesday, 8 November, "That means that despite a lack of data in EUR/USD things might get volatile today. "
  • Eur/usd remains on the defensive below 1.0700, fed chair powell's speech in focus. According to FXStreet on Wednesday, 8 November, "In the meantime, Tuesday data showing a larger-than-expected fall in German Industrial Production in September might continue to undermine the Euro and contribute to capping the EUR/USD pair.", "Furthermore, the US bond yields and the broader risk sentiment will influence the USD, which should produce short-term opportunities around the EUR/USD pair."

More news about USD/EUR (USDEUR).

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