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USD/EUR Bullish Momentum: 0.752% Up In The Last 24 Hours

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.7518% for the last session’s close. At 11:08 EST on Friday, 7 June, USD/EUR (USDEUR) is $0.92.

USD/EUR (USDEUR) Range

Regarding USD/EUR’s daily highs and lows, it’s 0.763% up from its trailing 24 hours low of $0.92 and 0.741% up from its trailing 24 hours high of $0.92.

USD/EUR’s yearly highs and lows, it’s 4.273% up from its 52-week low and 3.365% 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 0.12%, a negative 0.08%, and a positive 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.22% (last month), and 0.25% (last quarter), respectively.

News about

  • According to FXStreet on Wednesday, 5 June, "This, in turn, will play a key role in driving the shared currency and the EUR/USD pair.", "Heading into the key central bank event and US macro data risks, Wednesday’s US economic docket, featuring the ADP report and ISM Services PMI,might produce short-term opportunities around the EUR/USD pair."
  • Eur/usd holds positive ground above 1.0850 ahead of ECB rate decision. According to FXStreet on Thursday, 6 June, "The EUR/USD pair gains ground around 1.0875 despite the recovery of the US Dollar (USD) during the early Asian session on Thursday. "
  • According to FXStreet on Friday, 7 June, "However, European policymakers delivered a quite hawkish statement, limiting EUR/USD slide after such an aggressive decision.", "The EUR/USD pair trades just below 1.0900 following the ECB monetary policy decision and ahead of the NFP release. "
  • According to FXStreet on Friday, 7 June, "At the time of writing, EUR/USD is holding its grip tightly at around 1.0900, trading 0.06% higher so far."
  • According to FXStreet on Thursday, 6 June, "ECB President Christine Lagarde’s non-commital stance on the timing of the next rate cut could add extra legs to the EUR/USD recovery, as it would imply that the Bank could maintain rates higher for longer amid the persistence of inflation.", "On the other hand, if Lagarde dismisses concerns about sticky inflation, it could be read as a bit dovish by market participants, eventually rendering negative for the EUR/USD pair."

More news about USD/EUR (USDEUR).

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