(VIANEWS) – USD/EUR (USDEUR) has been up by 2.47% for the last 21 sessions. At 06:09 EST on Thursday, 30 March, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 2.896% up from its 52-week low and 12.221% 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).
- Usd/jpy forecast: gets a boost against the yen due to rates rising – 28 March 2023. According to DailyForex on Tuesday, 28 March, "The USD/JPY rallied significantly during Monday’s trading session, driven by an 11 basis points rally in the 2-year yield. "
- Usd/jpy sticks to gains near one-week high, lacks follow-through beyond 132.00 mark. According to FXStreet on Wednesday, 29 March, "This further contributes to keeping a lid on the USD/JPY pair, at least for the time being.", "Easing fears of a full-blown banking crisis remains supportive of a generally positive tone around the equity markets, which, in turn, undermines the safe-haven Japanese Yen (JPY) and acts as a tailwind for the USD/JPY pair. "
- Usd/jpy keeps the bearish note unchanged around 131.00. According to FXStreet on Tuesday, 28 March, "The continuation of the weak fashion around the greenback put USD/JPY under renewed downside pressure and forced it to revisit the 130.40 region earlier on Thursday.", "The noticeable downtick in USD/JPY eroded part of Monday’s auspicious start of the new trading week on the back of further retracement in the greenback and some safe haven demand in response to still unabated concerns around the banking system."
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