(VIANEWS) – USD/EUR (USDEUR) has been up by 2.06% for the last 21 sessions. At 11:06 EST on Tuesday, 15 October, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 2.814% up from its 52-week low and 3.504% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.10%, 0.07%, and 0.28%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.12% (last week), 0.26% (last month), and 0.28% (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
- Eur/usd remains depressed below 1.0900, lowest since August 8 amid stronger USD. According to FXStreet on Tuesday, 15 October, "Later during the North American session, the Empire State Manufacturing Index and speeches by influential FOMC members will drive the USD demand, which, in turn, should provide short-term impetus to the EUR/USD pair.", "Moreover, geopolitical risks benefit the safe-haven buck and support prospects for a further depreciating move for the EUR/USD pair."
- According to FXStreet on Tuesday, 15 October, "While there is scope for EUR doves to be disappointed near-term in view of still sticky services sector inflation, we still expect that EUR/USD will edge lower medium-term."
- According to FXStreet on Monday, 14 October, "In the bigger picture, we see EUR/USD trading just above the middle of a 1.0550-1.1150 two-year trading range. ", "If anything, there is a slight risk that the ECB under-delivers on the easing cycle, and we do not expect the two-year EUR:USD swap differential to widen much further from here; we would not chase EUR/USD sub 1.0900 from this point unless, for instance, we saw a sharp spike in oil prices."
- According to FXStreet on Tuesday, 15 October, "The rewidening in rate differentials with the USD is clearly prompting a shift in strategic EUR/USD positioning, and CFTC data showed net-longs have declined from 13.5% to 5.9% of open interest since early September, ING’s FX strategist Francesco Pesole notes.", "A more balanced positioning picture means EUR/USD can find some support in the dips. "
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