USD/EUR Drops By 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.45% for the last 21 sessions. At 10:11 EST on Thursday, 22 August, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.424% up from its 52-week low and 5.987% 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 0.29%, a negative 0.13%, and a positive 0.26%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.43% (last week), 0.29% (last month), and 0.26% (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 below 1.1150 ahead of eurozone/us PMI data. According to FXStreet on Thursday, 22 August, "The EUR/USD pair trades with mild losses near 1.1145, snapping the four-day winning streak during the Asian session on Thursday. "
  • According to FXStreet on Wednesday, 21 August, "Apologies for the obvious comment, but were it not for the mighty dollar, EUR/USD would now be a lot higher.", "And we arereluctant to fight this EUR/USD bull trend ahead of a slowing US economy and the first Fed cut in September."
  • Eur/usd finds fresh 13-month high as greenback pummeling continues. According to FXStreet on Wednesday, 21 August, "The pair has closed in the green for all but one of the last eight straight trading days, with EUR/USD chalking in over 3.5% in gains since the pair’s last swing low into the 1.0800 handle before catching a bullish bounce off of the 200-day Exponential Moving Average (EMA), which is now rising into 1.0825."
  • Eur/usd: new range? – rabobank. According to FXStreet on Tuesday, 20 August, "As we argued earlier this month, we see upside risks for EUR/USD as likely to be associated with a softer USD rather than a broadly stronger EUR. ", "On balance, while we can not rule out another dip to the EUR/USD1.08 area in the weeks ahead, we expect EUR/USD to 1.09/1.10 area to become more comfortable for EUR/USD in the coming months."
  • According to FXStreet on Thursday, 22 August, "According to Valeria Bednarik, FXStreet’s Chief Analyst, "The EUR/USD pair is technically overbought, yet there are no signs of a change in the dominant trend. ", "In the case of the EUR/USD pair, a corrective decline is now on the table, with supports at 1.1080 and the 1.1000 threshold. "

More news about USD/EUR (USDEUR).

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