USD/EUR Bearish By 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.64% for the last 21 sessions. At 09:08 EST on Wednesday, 19 April, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.108% up from its 52-week low and 12.908% down from its 52-week high.

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  • Usd/jpy tracks yields to retreat from five-week high below 135.00 amid boj, fed concerns. According to FXStreet on Tuesday, 18 April, "Elsewhere, the market’s anxiety ahead of the key US PMIs and Japan inflation numbers, as well as due to mixed updates from China, also weighs on the USD/JPY price. ", "Moving on, USD/JPY traders may witness further volatility as the economic calendar gets active. "
  • Usd/jpy eases from over one-month peak, trades with modest gains just below 134.00. According to FXStreet on Monday, 17 April, "The USD/JPY pair trims a part of its modest intraday gains to over a one-month high touched earlier this Monday and retreats below the 134.00 mark during the early European session.", "This, along with the US bond yields, should influence the USD price dynamics and provide some impetus to the USD/JPY pair. "
  • Usd/jpy eases from multi-week top amid modest USD weakness, downside seems cushioned. According to FXStreet on Tuesday, 18 April, "This, along with the Bank of Japan’s (BoJ) dovish outlook and a generally positive risk tone, undermines the safe-haven Japanese Yen (JPY) and lends support to the USD/JPY pair.", "The USD/JPY pair touches a nearly five-week high on Tuesday, albeit struggles to capitalize on the move and seesaws between tepid gains/minor losses through the early European session. "

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