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USD/EUR Bullish Momentum: 0.96% Up In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 0.96% for the last 10 sessions. At 04:08 EST on Friday, 12 May, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 1.686% up from its 52-week low and 12.555% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.16%, 0.01%, and 0.42%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.37% (last month), and 0.42% (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

  • Eur/usd: five factors that could trigger a correction lower – socgen. According to FXStreet on Wednesday, 10 May, "May has been by far the worst month for EUR/USD over the past 20 years, with 63% of the years seeing a lower Euro. "
  • Eur/usd pares weekly loss above 1.0950 with eyes on US inflation, debt-ceiling drama. According to FXStreet on Wednesday, 10 May, "Looking forward, the final readings of Germany’s inflation gauge, per the Harmonized Index of Consumer Prices (HICP) for April, expected to confirm 7.6% YoY forecasts, may entertain EUR/USD pair traders ahead of the all-important US CPI for the said month.", "It’s worth noting that the recently downbeat US NFIB Small Business Optimism index and Germany Industrial Production numbers fail to inspire EUR/USD traders amid mixed sentiment."
  • Eur/usd forex signal: rangebound as data points to ECB and fed divergence – 11 May 2023. According to DailyForex on Thursday, 11 May, "The EUR/USD pair was trading at 1.0900 on Thursday, a few pips below the year-to-date high of 1.1088. ", "The EUR/USD pair is sending mixed signals since it has formed two unique chart patterns on the 4H chart. "
  • Eur/usd endogenous inflation momentum not a factor putting pressure on euro – commerzbank. According to FXStreet on Wednesday, 10 May, "Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, discusses the vagaries of inflation momentum, the reaction function of the central banks and the EUR/USD outlook."
  • According to FXStreet on Wednesday, 10 May, "Despite the hawkish comments from Lagarde, EUR/USD is holding lower near 1.0950, down 0.09% on the day."

More news about USD/EUR (USDEUR).

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