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USD/EUR Bearish Momentum: 0.94% Down In The Last 10 Sessions

ViaNews Editorial Team

September 26, 2024

USD/EUR Bearish Momentum: 0.94% Down In The Last 10 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 0.94% for the last 10 sessions. At 14:08 EST on Thursday, 26 September, USD/EUR (USDEUR) is $0.89.

USD/EUR's yearly highs and lows, it's 0.258% up from its 52-week low and 6.562% 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 0.04%, a negative 0.01%, and a positive 0.27%, respectively.

USD/EUR's highest amplitude of average volatility was 0.41% (last week), 0.28% (last month), and 0.27% (last quarter), respectively.

News about

  • According to FXStreet on Tuesday, 24 September, "Were it not for the global inflationary environment EUR/USD would look more vulnerable under 1.1100. ", "For the time being, however, we slightly favour this 1.1100-1.1150 range to hold, with the best news for EUR/USD potentially coming with US price data on Friday."
  • According to FXStreet on Tuesday, 24 September, "Even if not much remained of yesterday's EUR-negative shock in the end, the market reaction reminds us that our expectation of rising EUR/USD rates is also based on the euro areanotsliding into a recession. ", "If the situation were to deteriorate significantly, our EUR/USD forecast would be at risk."
  • Eur/usd gathers strength to near 1.1200 as risk appetite rebounds. According to FXStreet on Wednesday, 25 September, "The EUR/USD pair extends upside to near 1.1195 on Wednesday during the Asian trading hours. "
  • According to FXStreet on Wednesday, 25 September, "There is very little on the European calendar today, so EUR/USD range trading looks likely. ", "But the fact that EUR/USD is holding above 1.1100 is encouraging for modest EUR/USD bulls like ourselves."

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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