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 00:06 EST on Thursday, 13 June, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.318% up from its 52-week low and 3.323% 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 positive 0.19%, a negative 0.02%, and a positive 0.27%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.40% (last week), 0.28% (last month), and 0.27% (last quarter), respectively.

News about

  • Usd/jpy extends upside on firmer US dollar, all eyes on US cpi, fed rate decision. According to FXStreet on Wednesday, 12 June, "The USD/JPY pair extends the rally near 157.15 during the early Asian trading hours on Wednesday. ", "In the meantime, the interest rate divergence between the US and Japan continues to undermine the Japanese Yen (JPY) against the USD and create a tailwind for the USD/JPY pair."
  • Usd/jpy trades with positive bias, remains below 157.00 as focus shifts to boj meeting. According to FXStreet on Thursday, 13 June, "Apart from this, the broader risk sentiment, which tends to drive demand for the safe-haven Japanese Yen (JPY) might provide some impetus to the USD/JPY pair.", "Nevertheless, the shift in the Fed’s projections should underpin the USD and support prospects for a further appreciating move for the USD/JPY pair. "
  • Usd/jpy price analysis: struggles at 157.00, drops and remains subdued. According to FXStreet on Tuesday, 11 June, "Conversely, if USD/JPY buyers lift the exchange rate past the 157.00 figure, the next resistance would be the May 29 high of 157.71. ", "The USD/JPY retreats during the North American session yet is virtually unchanged as traders brace for Wednesday’s busy economic docket, which will feature May’s US Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) monetary policy decision. "
  • According to FXStreet on Wednesday, 12 June, "The interest rate divergence between the US and Japan continues to undermine the Japanese Yen (JPY), creating a tailwind for the USD/JPY pair.", "A breach below this level might intensify downward pressure on the USD/JPY pair, potentially directing it toward the throwback support area around 152.80."

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *