(VIANEWS) – USD/EUR (USDEUR) has been up by 2.65% for the last 21 sessions. At 16:08 EST on Thursday, 17 October, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.498% up from its 52-week low and 2.862% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.11%, and 0.28%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.12% (last week), 0.26% (last month), and 0.28% (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
- According to FXStreet on Tuesday, 15 October, "While there is scope for EUR doves to be disappointed near-term in view of still sticky services sector inflation, we still expect that EUR/USD will edge lower medium-term."
- Eur/usd extends downside to near 1.0850, with all eyes on ECB rate decision. According to FXStreet on Thursday, 17 October, "The EUR/USD pair extends its decline to near 1.0850 during the early Asian session on Thursday. "
- According to FXStreet on Thursday, 17 October, "Heading into the ECB showdown, EUR/USD stays in a consolidation phase below 1.1000."
- Eur/usd remains depressed below 1.0900, lowest since August 8 amid stronger USD. According to FXStreet on Tuesday, 15 October, "Moreover, geopolitical risks benefit the safe-haven buck and support prospects for a further depreciating move for the EUR/USD pair.", "This, in turn, undermines the shared currency, which, along with a bullish US Dollar (USD), turns out to be a key factor weighing on the EUR/USD pair."
- According to FXStreet on Tuesday, 15 October, "The rewidening in rate differentials with the USD is clearly prompting a shift in strategic EUR/USD positioning, and CFTC data showed net-longs have declined from 13.5% to 5.9% of open interest since early September, ING’s FX strategist Francesco Pesole notes.", "A more balanced positioning picture means EUR/USD can find some support in the dips. "
More news about USD/EUR (USDEUR).
