USD/EUR Bearish Momentum With A 1% Fall In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.66% for the last 21 sessions. At 00:06 EST on Wednesday, 5 July, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 1.975% up from its 52-week low and 12.307% 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 0.21%, a negative 0.08%, and a positive 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.32% (last month), and 0.33% (last quarter), respectively.

News about

  • Usd/jpy defends 100-hour sma, trades with a mild positive bias below mid-144.00s. According to FXStreet on Monday, 3 July, "Moreover, the current market pricing indicates a nearly 85% chance of a 25 bps lift-off at the next FOMC policy meeting in July, which assists the US Dollar (USD) to attract some buyers and further seems to lend support to the USD/JPY pair. ", "A big divergence in the monetary policy stance adopted by the Bank of Japan (BoJ) and the Federal Reserve (Fed) turns out to be a key factor that continues to act as a tailwind for the USD/JPY pair. "
  • Usd/jpy signal: potential buying opportunity today – 03 July 2023. According to DailyForex on Monday, 3 July, "This discrepancy favors continued upward momentum in the USD/JPY pair over the long term. ", "The bullish patterns and interest rate differentials suggest a favorable long-term outlook for the USD/JPY pair. "
  • Usd/jpy clings to mild gains below 145.00 on mixed Japan data, intervention fears. According to FXStreet on Monday, 3 July, "Also likely to have weighed on the USD/JPY price could be the downbeat prints of Japan’s final prints of Jibun Bank Manufacturing PMI for June, to 49.8 as it matches the initial forecasts.", "However, the mixed headlines about China and the cautious mood ahead of this week’s top-tier data/events, comprising the Federal Open Market Committee(FOMC)Monetary policy meeting Minutes and the US jobs report, also prod the USD/JPY bulls."
  • Usd/jpy sticks to strong intraday gains, remains below 145.00/ytd top set on Friday. According to FXStreet on Monday, 3 July, "Nevertheless, the fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the upside. ", "Apart from this, important US macro data scheduled at the beginning of a new month, starting with the ISM Manufacturing PMI on Monday, should influence the USD and provide a fresh directional impetus to the USD/JPY pair."

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *