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USD/EUR Bullish Momentum: 0.81% Up In The Last 5 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.81% for the last 5 sessions. At 01:07 EST on Thursday, 11 April, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.893% up from its 52-week low and 2.79% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.15%, 0.07%, and 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.27% (last month), and 0.25% (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

  • According to FXStreet on Tuesday, 9 April, "The US Dollar (USD), on the other hand, draws support from elevated US Treasury bond yields, bolstered by expectations that the Federal Reserve (Fed) may delay cutting interest rates, which further acts as a tailwind for the USD/JPY pair. ", "Moreover, oscillators on the daily chart are holding in the positive territory and are still away from being in the overbought zone, suggesting that the path of least resistance for the USD/JPY pair is to the upside. "
  • According to FXStreet on Wednesday, 10 April, "The stronger dollar and rising US yields motivated USD/JPY to surge to the boundaries of the 153.00 hurdle. "
  • Usd/jpy hovers around 153.00, the highest level since July 1990, eyes on intervention risks. According to FXStreet on Wednesday, 10 April, "The USD/JPY pair trades on a weaker note near 153.00 after retreating from the highest level since July 1990, nearly 153.24, on Thursday during the early Asian session. ", "The officials emphasized the need to keep interest rates higher for longer, which boosts the Greenback and acts as a tailwind for the USD/JPY pair. "

More news about USD/EUR (USDEUR).

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