USD/EUR Bullish By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.17% for the last 21 sessions. At 20:08 EST on Wednesday, 6 September, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 5.119% up from its 52-week low and 11.057% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.25%, 0.08%, and 0.34%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.55% (last week), 0.32% (last month), and 0.34% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be oversold (<=20).

News about

  • Usd/jpy retraces toward 147.50 ahead of US PMI data releases. According to FXStreet on Wednesday, 6 September, "These data releases will offer valuable insights into the present economic scenario in the United States and have the potential to provide a more defined direction for the USD/JPY pair."
  • Usd/jpy technical analysis: strong buy saturation levels – 06 September 2023. According to DailyForex on Wednesday, 6 September, "Expectations of the US dollar against the Japanese yen:The general trend of the USD/JPY upward currency pair is getting stronger.", "Although USD/JPY is trading near the levels that Tokyo decided to defend last year, the risk of another round of intervention in the forex market appears fairly low as the pace of the yen’s depreciation has been much slower this time and officials have not been equally vocal. "
  • Forex today: usd/jpy, crude oil hit long-term high prices – 06 September 2023. According to DailyForex on Wednesday, 6 September, "In the Forex market,the USD/JPY currency pairadvanced strongly yesterday to a new 10-month high above ¥148.75 before selling off somewhat after Japan’s top currency diplomat Kanda stated that FX movements were being monitored with urgency while all options remained on the table - a threat of central bank intervention again the continuing weakening of the Japanese Yen. "
  • Usd/jpy eases from YTD peak, trades with modest losses around mid-147.00s. According to FXStreet on Wednesday, 6 September, "This, along with the US bond yields, will influence the USD price dynamics and provide some impetus to the USD/JPY pair. ", "That said, any meaningful corrective decline for the USD/JPY pair seems elusive in the wake of a big divergence in the monetary policy stance adopted by the Bank of Japan (BoJ) and other major central banks, including the Federal Reserve (Fed). "
  • Usd/jpy extends its upside above the 146.70 mark, eyes on US factory orders. According to FXStreet on Tuesday, 5 September, "The USD/JPY pair extends its upside above the mid-146.00s during the early European session on Tuesday. ", "However, the monetary policy divergence between the US and Japan may limit the USD/JPY pair’s downside for the time being. "

More news about USD/EUR (USDEUR).

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