(VIANEWS) – USD/EUR (USDEUR) has been up by 0.7628% for the last session’s close. At 09:15 EST on Wednesday, 12 June, USD/EUR (USDEUR) is $0.92.
USD/EUR (USDEUR) Range
Concerning USD/EUR’s daily highs and lows, it’s 0.752% down from its trailing 24 hours low of $0.93 and 0.774% down from its trailing 24 hours high of $0.93.
USD/EUR’s yearly highs and lows, it’s 4.138% up from its 52-week low and 3.49% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be oversold (<=20).
News about
- According to FXStreet on Wednesday, 12 June, "The USD/JPY pair strengthens as investors favor the US Dollar (USD) ahead of the Federal Reserve’s (Fed) decision and the release of US inflation figures for May, scheduled for later in the North American trading hours.", "A breach below this level might intensify downward pressure on the USD/JPY pair, potentially directing it toward the throwback support area around 152.80."
- Usd/jpy sticks to modest intraday gains above 157.00 mark, over one-week high. According to FXStreet on Tuesday, 11 June, "This, in turn, favors the USD bulls and supports prospects for an extension of the USD/JPY pair’s recent rise from the 50-day Simple Moving Average (SMA).", "This, along with a stable performance around the equity markets, is seen undermining the Japanese Yen (JPY) and turning out to be a key factor acting as a tailwind for the USD/JPY pair."
- According to FXStreet on Monday, 10 June, "A breakthrough above this level could exert support to lead the USD/JPY pair to navigate the area around the upper boundary nearing the level of 158.60. ", "A break below this level could increase pressure on the USD/JPY pair, potentially leading it toward the throwback support region around 152.80."
- Usd/jpy price analysis: struggles at 157.00, drops and remains subdued. According to FXStreet on Tuesday, 11 June, "Conversely, if USD/JPY buyers lift the exchange rate past the 157.00 figure, the next resistance would be the May 29 high of 157.71. ", "The USD/JPY retreats during the North American session yet is virtually unchanged as traders brace for Wednesday’s busy economic docket, which will feature May’s US Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) monetary policy decision. "
- According to FXStreet on Tuesday, 11 June, "A breakthrough above this level could provide support, potentially guiding the USD/JPY pair toward the vicinity of the upper boundary near the level of 158.60. ", "The USD/JPY pair received support from a stronger US Dollar (USD) as investors remained cautious ahead of the Federal Reserve’s (Fed) decision, along with the US inflation figures for May on Wednesday."
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