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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.01% for the last 21 sessions. At 10:15 EST on Thursday, 8 June, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 2.984% up from its 52-week low and 11.439% 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 negative 0.05%, a positive 0.10%, and a positive 0.38%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.28% (last month), and 0.38% (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: A fall in towards the year’s low above 1.05 would not be unreasonable – socgen. According to FXStreet on Tuesday, 6 June, "Economists at Société Générale analyze EUR/USD outlook.", "On that basis alone, a fall in EUR/USD towards the year’s low above 1.05 wouldn’t be unreasonable, and only a change in the outlook for Fed and/or ECB rate prospects can turn the trend around."
  • Eur/usd cautiously cheers hawkish ECB bias above 1.0700, German factory orders, EU retail sales eyed. According to FXStreet on Tuesday, 6 June, "That said, the EUR/USD pair recovered from the weekly low on Monday amid downbeat US data versus hawkish ECB talks.", "However, hawkish comments from International Monetary Fund (IMF) Managing Director Kristalina Georgieva and concerns about the need for the US large banks to hold more capital to battle the landing crisis prod the EUR/USD bears."
  • Eur/usd cautiously cheers hawkish ECB bias above 1.0700, German factory orders, EU retail sales eyed. According to FXStreet on Tuesday, 6 June, "That said, the EUR/USD pair recovered from the weekly low on Monday amid downbeat US data versus hawkish ECB talks.", "However, hawkish comments from International Monetary Fund (IMF) Managing Director Kristalina Georgieva and concerns about the need for the US large banks to hold more capital to battle the landing crisis prod the EUR/USD bears."

More news about USD/EUR (USDEUR).

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