USD/EUR Bullish Momentum With A 3% Jump In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.33% for the last 21 sessions. At 20:13 EST on Wednesday, 1 November, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 6.472% up from its 52-week low and 8.106% 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 0.06%, a negative 0.02%, and a positive 0.29%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.29% (last month), and 0.29% (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 to push ahead to 152 and prompt aggressive FX intervention – ING. According to FXStreet on Tuesday, 31 October, "Today’s BoJ meeting has not triggered the reset on how we view the Yen and the risk is now that USD/JPY pushes ahead to 152 and prompts the central bank into aggressive FX intervention."
  • Usd/jpy spikes to fresh daily top, retakes 150.00 mark after boj policy decision. According to FXStreet on Tuesday, 31 October, "This, in turn, suggests that the path of least resistance for the USD/JPY pair is to the upside, though bulls might wait for BoJ Governor Kazuo Ueda’s post-meeting presser before placing fresh bets.", "The USD/JPY pair regains positive traction during the Asian session on Tuesday and snaps a two-day losing streak to the 148.80 area, or a two-week low touched the previous day. "
  • According to DailyForex on Wednesday, 1 November, "The 160.000 level in the EUR/JPY is a key psychological mark, but so too is the USD/JPY level of 150.000 in the minds of financial institutions. ", "The ability of the EUR/JPY and USD/JPY to exceed these two important price levels and find sustained trading above is critical. "
  • Usd/jpy pinned into the high end near 151.80 after dovish boj leaves yen to flounder. According to FXStreet on Wednesday, 1 November, "The USD/JPY is inches away from setting a new three-decade high as the pair trades into 151.70 heading into the end of Tuesday trading after the Bank of Japan (BoJ) left the Yen (JPY) in the dust with a dovish showing.", "The Yen’s deflate on Tuesday has sent the USD/JPY surging, and the pair is resting some 20-odd pips from setting a fresh 30-year high beyond 151.94, a previous record ceiling set back in October of 2022."
  • According to DailyForex on Wednesday, 1 November, "The USD/JPY currency pair rose strongly yesterday to trade well above the big round number at ¥151 not far from the 30-year high price made last year, but then fell back after Japan’s currency diplomat Kanda said he would not rule out any steps to respond to disorderly FX moves and that he remains on standby for intervention "if needed". "

More news about USD/EUR (USDEUR).

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