(VIANEWS) – USD/EUR (USDEUR) has been up by 1.77% for the last 21 sessions. At 23:07 EST on Monday, 3 July, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 1.708% up from its 52-week low and 12.536% down from its 52-week high.
News about
- Eur/usd: A big drop below 1.0800 May be premature – ING. According to FXStreet on Monday, 3 July, "It seems likely that the USD leg will drive most of the EUR/USD moves this week, especially once US data starts to come in."
- According to FXStreet on Monday, 3 July, "In the FX market, the region should benefit today with a delay from Friday’s upward movement of EUR/USD as well as the positive sentiment in Europe from the end of last week. "
- Eur/usd grinds higher past 1.0900 ahead of fed minutes, NFP. According to FXStreet on Sunday, 2 July, "It’s worth noting that the European Central Bank (ECB) tried defending their rate hike bias but softer inflation data and looming fears of Germany’s recession restrict markets from believing in them, which in turn test the EUR/USD bulls. ", "Hence, EUR/USD traders may witness hardships in extending the latest recovery should this week’s Federal Open Market Committee(FOMC)Monetary policy meeting Minutes and the US jobs report offer upbeat signals. "
- Eur/usd: weekly forecast 2nd July – 8th July – 02 July 2023. According to DailyForex on Sunday, 2 July, "The rather choppy conditions in the EUR/USD could be viewed as a positive by day traders who like to wager on quick-hitting movements. ", "The ability to maintain value in the EUR/USD after last week was finished may be interpreted rather bullishly by some speculators. "
- Eur/usd to be around the 1.15 level by the end of next year – bofa. According to FXStreet on Monday, 3 July, "Economists at the Bank of America expect the EUR/USD pair to hover around 1.15 by the end of 2024.", "Beyond that, we predict that EUR/USD will move towards its fair value in the 1.20s."
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