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USD/EUR Bearish By 1% In The Last 10 Sessions

ViaNews Editorial Team

December 22, 2023

USD/EUR Bearish By 1% In The Last 10 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.97% for the last 10 sessions. At 05:08 EST on Friday, 22 December, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.413% up from its 52-week low and 5.089% 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 positive 0.11%, a negative 0.01%, and a positive 0.34%, respectively.

USD/EUR's highest amplitude of average volatility was 0.50% (last week), 0.39% (last month), and 0.34% (last quarter), respectively.

News about

  • Usd/jpy: delayed boj exit from negative rates unlikely to trigger another sustained yen sell-off – MUFG. According to FXStreet on Thursday, 21 December, "For USD/JPY to stage a more sustained rebound, market participants would have to more seriously question whether the Fed will deliver earlier and deeper rate cuts currently priced into next year. "
  • Usd/jpy corrects from 145.00 as fed’s rate cut expectations soar. According to FXStreet on Wednesday, 20 December, "The USD/JPY pair corrects to near 143.50 amid expectations that the Federal Reserve (Fed) will start lowering borrowing interest rates earlier than projected by policymakers. "
  • Usd/jpy analysis: US dollar still weak - 21 December 2023. According to DailyForex on Thursday, 21 December, "For four consecutive trading sessions, the price of the USD/JPY has been trying to rebound higher to break out of the prominent downtrend channel on the daily chart below. ", "According to the performance on the daily chart below, the price of the USD/JPY pair is still trying to get out of the bearish channel that was formed recently. "
  • Japanese yen adds to overnight modest gains; usd/jpy drops to 143.00 neighbourhood. According to FXStreet on Thursday, 21 December, "The USD/JPY pair might then turn vulnerable to accelerate the slide towards the 142.00 mark en route to the 141.75 horizontal support and sub-141.00 levels, or a multi-month low touched last week.", "That said, the Bank of Japan's (BoJ) decision to maintain its ultra-dovish stance earlier this week caps gains for the JPY and assists the USD/JPY pair to defend a technically significant 200-day Simple Moving Average (SMA)."

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.