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USD/EUR Bearish Momentum: 0.999% Down In The Last 24 Hours

ViaNews Editorial Team

November 6, 2023

USD/EUR Bearish Momentum: 0.999% Down In The Last 24 Hours

(VIANEWS) - USD/EUR (USDEUR) has been up by 0.9989% for the last session's close. At 22:12 EST on Sunday, 5 November, USD/EUR (USDEUR) is $0.93.

USD/EUR (USDEUR) Range

Concerning USD/EUR's daily highs and lows, it's 0.598% down from its trailing 24 hours low of $0.94 and 1.397% down from its trailing 24 hours high of $0.94.

USD/EUR's yearly highs and lows, it's 5.04% up from its 52-week low and 7.589% 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 0.06%, a negative 0.05%, and a positive 0.28%, respectively.

USD/EUR's highest amplitude of average volatility was 0.23% (last week), 0.28% (last month), and 0.28% (last quarter), respectively.

News about

  • Usd/jpy consolidates in a range below mid-150.00s, looks to US NFP for fresh impetus. According to FXStreet on Friday, 3 November, "The USD/JPY pair struggles to build on the overnight modest bounce from the 149.85-149.80 region and oscillates in a narrow trading band during the Asian session on Friday. ", "The outlook, meanwhile, led to the recent sharp pullback in the US Treasury bond yields, which keeps the US Dollar (USD) bulls on the defensive and acts as a headwind for the USD/JPY pair."
  • Usd/jpy tumbles toward 149.00 after NFP. According to FXStreet on Friday, 3 November, "The USD/JPY tumbled from 150.20 to as low as 149.27 following the release of the US official employment report. ", "The USD/JPY currently holds a bearish tone as it approaches 149.00, and a break below that level would bring the weekly low of 148.77 into focus. "
  • According to FXStreet on Friday, 3 November, "Given our house view that a US slowdown is more likely in the next quarter rather than this one, we therefore expect EUR/USD to end the year around this 1.05/1.06 area and USD/JPY to end the year not far from 150. "
  • According to FXStreet on Friday, 3 November, "Ultimately the "trend is your friend.." as the saying goes, and for USD/JPY the short, medium and long-term trends are all still bullish, suggesting the odds continue to favor more upside eventually."

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.