USD/EUR Bullish Momentum: 0.91% Up In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.91% for the last 10 sessions. At 11:08 EST on Wednesday, 9 August, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.627% up from its 52-week low and 13.165% 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 0.01%, a negative 0.08%, and a positive 0.33%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.29% (last week), 0.36% (last month), and 0.33% (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 overbought (>=80).

News about

  • Usd/jpy flat-lines around 141.65 area, just above Friday’s post-nfp swing low. According to FXStreet on Monday, 7 August, "The USD/JPY pair surrenders its modest Asian session gains to the 142.00 neighbourhood and retreats to the lower end of the intraday range in the last hour. ", "This, in turn, halted the recent surge in Treasury yields, which keeps the US Dollar (USD) bulls on the defensive for the third successive day on Monday and turns out to be a key factor acting as a headwind for the USD/JPY pair."
  • Usd/jpy price analysis: gains momentum above 143.30 mark following BOJ summary of opinions. According to FXStreet on Monday, 7 August, "On the downside, the key contention for USD/JPY is located at 142.00 (a psychological round mark and 50-hour EMA). ", "The USD/JPY pair reversesFriday’spullback and holds ground around 142.22 heading into the early European session on Monday. "
  • Usd/jpy steadily climbs back closer to 143.00 mark, seems poised to appreciate further. According to FXStreet on Tuesday, 8 August, "A more dovish stance adopted by the Bank of Japan (BoJ), along with the overnight sharp rally in the US equity markets, is seen undermining the safe-haven Japanese Yen (JPY) and acting as a tailwind for the USD/JPY pair. ", "The crucial US CPI report will play a key role in influencing market expectations about the Fed’s future rate-hike path, which, in turn, should rive the USD demand and help determine the next leg of a directional move for the USD/JPY pair. "
  • According to FXStreet on Monday, 7 August, "Overall, the BoJ Summary of Opinions for the July meeting appears hawkish and weighs on the USD/JPY price."

More news about USD/EUR (USDEUR).

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