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USD/EUR Bullish Momentum: 0.85% Up In The Last 5 Sessions

ViaNews Editorial Team

October 1, 2024

USD/EUR Bullish Momentum: 0.85% Up In The Last 5 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 0.85% for the last 5 sessions. At 06:10 EST on Tuesday, 1 October, USD/EUR (USDEUR) is $0.90.

USD/EUR's yearly highs and lows, it's 1.054% up from its 52-week low and 5.82% 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 0.08%, a negative 0.06%, and a positive 0.27%, respectively.

USD/EUR's highest amplitude of average volatility was 0.38% (last week), 0.27% (last month), and 0.27% (last quarter), respectively.

News about

  • Eur/usd price forecast: flat lines below 1.1200 ahead of German consumer inflation data. According to FXStreet on Monday, 30 September, "Some follow-through buying will be seen as a fresh trigger for bulls and lift the EUR/USD pair to the 1.1275 region, or the July 2023 high. ", "This makes it prudent to wait for a sustained breakout through the aforementioned short-term trading range before confirming and positioning for the next leg of a directional move for the EUR/USD pair."
  • Eur/usd flat lines below mid-1.1100s ahead of eurozone cpi, US macro data. According to FXStreet on Tuesday, 1 October, "The EUR/USD pair struggles to gain any meaningful traction following the previous day's pullback from the vicinity of the 14-month peak - levels just above the 1.1200 mark and oscillates in a narrow band during the Asian session on Tuesday. ", "Apart from this, speeches by a slew of influential FOMC members will drive the USD demand and provide some meaningful impetus to the EUR/USD pair, which remains confined in a familiar range held over the past two weeks or so. "

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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