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USD/EUR Bearish By 3% In The Last 21 Sessions

ViaNews Editorial Team

August 25, 2024

USD/EUR Bearish By 3% In The Last 21 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 3.05% for the last 21 sessions. At 15:13 EST on Sunday, 25 August, USD/EUR (USDEUR) is $0.89.

USD/EUR's yearly highs and lows, it's 0.034% up from its 52-week low and 6.635% 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 0.29%, a negative 0.12%, and a positive 0.26%, respectively.

USD/EUR's highest amplitude of average volatility was 0.42% (last week), 0.30% (last month), and 0.26% (last quarter), respectively.

News about

  • Eur/usd holds above 1.1100 mark amid fresh USD selling, ahead of fed’s powell. According to FXStreet on Friday, 23 August, "This, to a larger extent, overshadows Thursday's mixed Eurozone PMI prints and turns out to be a key factor offering some support to the EUR/USD pair.", "This might hold back traders from placing aggressive bullish bets around the shared currency and cap any meaningful appreciating move for the EUR/USD pair."
  • Eur/usd surges toward 1.1200 as powell turns dovish. According to FXStreet on Friday, 23 August, "The EUR/USD rallied sharply after hitting a daily low of 1.1105 after Federal Reserve Chairman Jerome Powell said, "The time has come for policy to adjust," opening the door to ease policy. ", "On the other hand, if EUR/USD fails to clear the 1.1200 mark, the pair could be subject to a pullback, which could pave the way for retesting 1.1100 before diving toward the August 14 high of 1.1047."
  • Eur/usd: the time has come – rabobank. According to FXStreet on Friday, 23 August, "We have left our 9- and 12-month EUR/USD forecast at 1.10 on the assumption that US inflation fears could be given another boost next year as a consequence of the US election outcome.", "Through most of this year, EUR/USD has been contained by a 1.10 to 1.06 range, Rabobank's Senior FX Strategist Jane Foley notes."

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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