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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.02% for the last 21 sessions. At 16:10 EST on Sunday, 2 April, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 1.957% up from its 52-week low and 12.03% 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 0.13%, a negative 0.16%, and a positive 0.47%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.34% (last week), 0.50% (last month), and 0.47% (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

  • Pairs in focus this week – eur/usd, gbp/usd, usd/jpy, aud/usd, usd/chf, usd/cad, S&P 500, nifty 50, gold – 02 April 2023. According to DailyForex on Sunday, 2 April, "The USD/JPY has rallied a bit during the previous week, and it looks like we are trying to stick to that double bottom of support to turn things around. "
  • Usd/jpy needs more boj action to justify a big move lower – socgen. According to FXStreet on Friday, 31 March, "We expect the next policy move in June, which doesn’t really suggest that USD/JPY will break out of its 128-138 year-to-date range.", "If the BoJ does nothing, and Treasury yields don’t fall, USD/JPY will probably rise. "
  • Usd/jpy to fall progressively toward 124 by year-end – ANZ. According to FXStreet on Friday, 31 March, "Economists at ANZ Bank expect the USD/JPY pair to move gradually lower toward 124 by the end of the year.", "We forecast USD/JPY to fall progressively to 124 by the end of the year."
  • Usd/jpy retreats further from two-week high, slides below 133.00 post-us PCE price index. According to FXStreet on Friday, 31 March, "That said, the underlying bullish tone around the global equity markets – amid easing fears of a full-blown banking crisis – continues to undermine the safe-haven JPY and remains supportive of a mildly positive tone around the USD/JPY pair. ", "Nevertheless, the USD/JPY pair still seems poised to register weekly gains for the first time in the previous five and remains at the mercy of the USD price dynamics heading into the weekend."
  • Usd/jpy clings to gains near two-week high, around mid-133.00s ahead of US inflation data. According to FXStreet on Friday, 31 March, "The USD/JPY pair regains positive traction on the last day of the week and maintains its bid tone near a two-week high, just below mid-133.00s through the early part of the European session.", "The recent risk-on rally across the global equity markets undermines the safe-haven Japanese Yen (JPY), which, along with the emergence of some US Dollar (USD) buying, acts as a tailwind for the USD/JPY pair. "

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *