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USD/EUR Bearish Momentum With A 1% Drop In The Last 10 Sessions

ViaNews Editorial Team

December 20, 2023

USD/EUR Bearish Momentum With A 1% Drop In The Last 10 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.31% for the last 10 sessions. At 01:08 EST on Wednesday, 20 December, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.672% up from its 52-week low and 4.848% 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 0.30%, a negative 0.02%, and a positive 0.33%, respectively.

USD/EUR's highest amplitude of average volatility was 0.75% (last week), 0.39% (last month), and 0.33% (last quarter), respectively.

News about

  • Boj preview: any hawkish surprise in communication to push usd/jpy close to the 140 support – ING. According to FXStreet on Monday, 18 December, "Expect any hawkish surprise in communication to push USD/JPY close to the 140 support, whereas an unchanged message can bring the pair back to 145, where we could see selling interest if the Dollar momentum proves soft."
  • According to FXStreet on Monday, 18 December, "This, in turn, assists the USD to preserve the previous day's recovery gains and lifts the USD/JPY pair back closer to mid-142.00s during the Asian session on Monday. ", "Furthermore, the USD/JPY pair's inability to move back above the said support-turned-resistance, currently around the 142.55 region, validates the negative outlook. "
  • Usd/jpy edges higher ahead of boj decision, rising US yields. According to FXStreet on Monday, 18 December, "In Monday 's session, the USD/JPY pair is making notable strides upward, trading around the 143.00 level. "
  • Usd/jpy forecast: looks threatened - 18 December 2023. According to DailyForex on Monday, 18 December, "In the absence of clear guidance from the BOJ, the USD/JPY exchange rate is likely to continue its back-and-forth pattern as traders attempt to establish a solid base. ", "If the USD/JPY exchange rate manages to breach the 200-Day EMA resistance, there is a strong possibility of a significant upward movement. "
  • Usd/jpy: 12-month forecast revised down to 135 from 140 – rabobank. According to FXStreet on Monday, 18 December, "Economists at Rabobank expect the Japanese Yen tostrengthen next year and revise down their USD/JPY 12-month forecast."

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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