(VIANEWS) – USD/EUR (USDEUR) has been up by 1.88% for the last 21 sessions. At 17:10 EST on Monday, 5 February, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 4.939% up from its 52-week low and 2.748% 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 0.07%, a positive 0.04%, and a positive 0.33%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.30% (last week), 0.21% (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
- Eur/usd weakens to 1.0780 ahead of German trade balance, eurozone PMI data. According to FXStreet on Monday, 5 February, "The EUR/USD pair faces some selling pressure above the mid-1.0700s during the early Asian trading hours on Monday. "
- Eur/usd forex signal: bearish price channel – 05 February 2024. According to DailyForex on Monday, 5 February, "My previous EUR/USD signal on 24thJanuarywas not triggered as there was insufficiently bearish price action when the resistance levels were first reached that day.", "In my previous analysis ofthe EUR/USD currency pairalmost two weeks ago, I wrote that the resistance level at $1.0876 looked likely to be the level which would determine what would happen over the day. "
- Eur/usd languishes near YTD low as traders continue to trim fed rate cut bets. According to FXStreet on Monday, 5 February, "The EUR/USD pair remains under heavy selling pressure for the second straight day on Monday and drops to a fresh YTD low, around mid-1.0700s during the first half of the European session. ", "This is seen as another factor dragging the EUR/USD pair lower and supports prospects for deeper losses."
- According to DailyForex on Monday, 5 February, "Within the current market dynamics, it is highly probable that the EUR/USD pair will continue to fluctuate within this particular range. ", "Traders may consider using the EUR/USD pair as an indicator for developments related to the US dollar rather than as a direct reflection of the European economic situation. "
- Eur/usd dips amid powell’s remarks, high US yields. According to FXStreet on Monday, 5 February, "At the time of writing, the EUR/USD trades at 1.0742 after hitting a high of 1.0785.", "The EUR/USD has fallen below the 100-day moving average (DMA) at 1.0783, diving to a new year-to-date (YTD) low of 1.0725, about to pierce the December 8 low of 1.0723. "
More news about USD/EUR (USDEUR).
