(VIANEWS) – USD/EUR (USDEUR) has been up by 0.97% for the last 10 sessions. At 12:06 EST on Thursday, 8 February, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 4.623% up from its 52-week low and 3.041% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.11%, 0.08%, and 0.33%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.51% (last week), 0.26% (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 oversold (<=20).
News about
- Eur/usd to trade out something like a 1.0700-1.0900 range this month – ING. According to FXStreet on Tuesday, 6 February, "We agree and think this will be more of a case of EUR/USD trading out something like a 1.0700-1.0900 range this month rather than pushing down to 1.0500."
- Eur/usd extends losses towards two-month low as ECB rate cut bets persist. According to FXStreet on Tuesday, 6 February, "That said, a sustained strength beyond the latter might trigger a short-covering rally and allow the EUR/USD pair to reclaim the 1.0900 round figure. ", "Apart from this, geopolitical tensions and worries about slowing economic growth in China - the world’s second-largest economy - further benefit the safe-haven buck, suggesting that the path of least resistance for the EUR/USD pair is to the downside."
- Eur/usd analysis: technical indicators approaching oversold levels – 06 February 2024. According to DailyForex on Tuesday, 6 February, "Thus, if any of the Fibonacci levels hold as resistance, the EUR/USD could fall to lows of 1.0721 or lower. "
- Eur/usd recovers to 1.0760 amid USD weakness, German industrial production data looms. According to FXStreet on Wednesday, 7 February, "The EUR/USD pair bounces off the 2024 lows of 1.0720 and rebounds to 1.0760 on the renewed selling bias in the US Dollar (USD) during the early Asian session on Wednesday. "
- According to FXStreet on Tuesday, 6 February, "This does not mean that we will see significantly higher EUR/USD levels in the near future. "
More news about USD/EUR (USDEUR).
