USD/EUR Falls By 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.72% for the last 21 sessions. At 23:07 EST on Thursday, 18 July, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 2.364% up from its 52-week low and 4.086% 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 negative 0.09%, and a positive 0.24%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.22% (last month), and 0.24% (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 Thursday, 18 July, "The resumption of the selling pressure motivated EUR/USD to give away part of recent gains and retreat to the 1.0900 neighbourhood. "
  • Eur/usd crosses over 1.09 on Wednesday as euro bulls gear up for ECB rate call. According to FXStreet on Wednesday, 17 July, "Fiber tilted into the top end on Wednesday, looking upwards through the midweek trading session and EUR/USD is on pace to chalk in a fourth straight week in the green, assuming buyers are able to maintain topside pressure."
  • According to FXStreet on Thursday, 18 July, "That fact that many of the goods and services that the euro zone exports and imports are settled in US Dollars (USD) seems to suggest that the EUR/USD exchange rate is more relevant for Europe’s economy than the NEER. "
  • Eur/usd: ECB keeps its deposit rate unchanged – TDS. According to FXStreet on Thursday, 18 July, "For now, we think the USD has lots of bad news priced in, suggesting that EUR/USD provides good entry levels to fade the recent rally. "
  • According to FXStreet on Thursday, 18 July, "Markets could see that as a sign pointing to another rate reduction in September and cause EUR/USD to correct lower.", "Unless the policy statement, or Lagarde, pushes back against this expectation, the market positioning suggests that EUR/USD could have a hard time gathering bullish momentum, with investors already fully pricing in a Fed rate cut in September."

More news about USD/EUR (USDEUR).

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