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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.66% for the last 21 sessions. At 12:10 EST on Friday, 7 July, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.132% up from its 52-week low and 13.032% 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 0.03%, a negative 0.08%, and a positive 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.18% (last week), 0.33% (last month), and 0.33% (last quarter), respectively.

News about

  • Eur/usd to trade in a 1.08-1.10 range for longer – ING. According to FXStreet on Wednesday, 5 July, "Even then, our perception is that - barring major data surprises - the uncertainty surrounding a second hike by the Fed after July and the ECB’s hawkish message (which has offset weak Eurozone data) can keep EUR/USD in a 1.08-1.10 range for longer."
  • Eur/usd showed an unusually mean-reverting development over the first half of the year – commerzbank. According to FXStreet on Wednesday, 5 July, "To prevent anyone from turning this into a trading rule to be used going forward let me warn you: the fact that EUR/USD behaved like that during the first half does not mean that the pair will follow a similar pattern over the coming 6 months.", "For those who hedge medium-term EUR/USD risks, the first half of the year was not a time when hedging with the help of options paid off particularly. "
  • Eur/usd forex signal: FOMC minutes, services pmis ahead – 05 July 2023. According to DailyForex on Wednesday, 5 July, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:’ReviewsNonPartner’,id:’horizontal-top-5′,size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0850.", "The EUR/USD price has been relatively muted this week because of the US Independence Day holiday and the lack of important economic data. "
  • Eur/usd trades with a mild positive amid subdued USD demand, remains below 1.0900. According to FXStreet on Wednesday, 5 July, "This, in turn, is seen as a key factor that continues to lend some support to the shared currency, which, along with subdued US Dollar (USD) price action, provides a modest boost to the EUR/USD pair.", "Investors will closely scrutinize the minutes for fresh cues about the Fed’s future rate-hike path, which will play a key role in influencing the near-term USD price dynamics and drive the EUR/USD pair. "

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *