(VIANEWS) – USD/EUR (USDEUR) has been up by 0.97% for the last 5 sessions. At 22:13 EST on Sunday, 17 December, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.461% up from its 52-week low and 4.117% 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 overbought (>=80).
News about
- Eur/usd price analysis: bulls await a move beyond 1.1015 before placing fresh bets. According to FXStreet on Friday, 15 December, "In contrast, the Federal Reserve (Fed) indicated that rate cuts are likely next year and drag the US Dollar (USD) to over a four-month low during the Asian session, which, in turn, is seen acting as a tailwind for the EUR/USD pair.", "On the flip side, the 1.0945 region now seems to protect the immediate downside, below which the EUR/USD pair could slide back to test sub-1.0900 levels. "
- According to FXStreet on Friday, 15 December, "Today, disappointing European PMI data have prevented EUR/USD from kicking on after breaking above 1.10 on Thursday and that is going to be a familiar pattern as long as the European economy struggles."
- Eur/usd gathers strength near 1.1000 ahead of the eurozone US PMI data. According to FXStreet on Friday, 15 December, "The EUR/USD pair gains momentum near the 1.1000 mark during the early Asian session on Friday. ", "In response to the ECB’s decision, the Euro (EUR) attracted some buyers and lifted the EUR/USD pair. "
- According to FXStreet on Friday, 15 December, "The EUR/USD pair showed no immediate reaction to these comments and was last seen trading flat on the day at around 1.0990."
More news about USD/EUR (USDEUR).
