USD/EUR Bearish Momentum: 0.832% Down In The Last 24 Hours

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.8315% for the last session’s close. At 00:08 EST on Thursday, 14 December, USD/EUR (USDEUR) is $0.92.

USD/EUR (USDEUR) Range

About USD/EUR’s daily highs and lows, it’s 0.617% down from its trailing 24 hours low of $0.92 and 1.173% down from its trailing 24 hours high of $0.93.

USD/EUR’s yearly highs and lows, it’s 3.54% up from its 52-week low and 4.044% 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 0.06%, a negative 0.04%, and a positive 0.31%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.35% (last month), and 0.31% (last quarter), respectively.

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

  • Usd/jpy: any yen selling over the near-term is unlikely to be sustained – MUFG. According to FXStreet on Monday, 11 December, "The JPY move last week is likely to be a key marker that signals a turn in the trend of JPY depreciation, in place since the global inflation shock saw USD/JPY break sharply higher in March 2022."
  • According to FXStreet on Tuesday, 12 December, "With oscillators on the daily chart still holding deep in the negative territory, some follow-through selling could make the USD/JPY pair vulnerable to accelerate the slide further towards the 145.00 psychological mark en route to the 38.2% Fibo. ", "The Japanese Yen (JPY) extends its steady intraday appreciating move against the US Dollar (USD) and drags the USD/JPY pair to a fresh daily low, below mid-145.00s heading into the European session on Tuesday. "
  • Usd/jpy to move back to the 150 level in the weeks ahead – rabobank. According to FXStreet on Monday, 11 December, "Given also our view that the market has been too swift in pricing in Fed rate cuts next year, we see scope for USD/JPY to move back to the 150 level in the weeks ahead."
  • According to Business Insider on Monday, 11 December, "The USD/JPY pair dropped to as low as 141.71 on Thursday, amidst speculation about BoJ moving away from negative interest rates. "

More news about USD/EUR (USDEUR).

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