USD/EUR Jumps By 1% In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.07% for the last 10 sessions. At 03:10 EST on Thursday, 11 May, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 1.498% up from its 52-week low and 12.717% 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 positive 0.05%, a negative 0.04%, and a positive 0.42%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.14% (last week), 0.36% (last month), and 0.42% (last quarter), respectively.

News about

  • Eur/usd drops below 1.1000 as US dollar traces firmer yields amid unimpressive fed bank survey. According to FXStreet on Tuesday, 9 May, "His comments also exert downside pressure on the EUR/USD price amid mildly offered S&P 500 Futures.", "Furthermore, unimpressive comments from Chicago Federal Reserve Bank President Austan Goolsbee and US Treasury Secretary Janet Yellen’s fears of US default weigh on the EUR/USD price, especially amid recently downbeat EU data."
  • Eur/usd pares weekly loss above 1.0950 with eyes on US inflation, debt-ceiling drama. According to FXStreet on Wednesday, 10 May, "If the scheduled US CPI numbers confirm escalating inflation pressure in the world’s biggest economy, the recently hawkish Fed bets may gain momentum and can allow the US Dollar to pare intraday losses, which in turn can recall the EUR/USD bears.", "It’s worth noting that the recently downbeat US NFIB Small Business Optimism index and Germany Industrial Production numbers fail to inspire EUR/USD traders amid mixed sentiment."
  • Eur/usd: 1.10 to keep being the anchor for the pair this week – ING. According to FXStreet on Tuesday, 9 May, "This mostly has implications for the near term, so, while we remain resolutely bullish on EUR/USD in the longer run on the back of US-Eurozone (and Fed-ECB) divergence and pronounced undervaluation, we flag positioning as one reason to be cautious on the short-term outlook.k."
  • Eur/usd price analysis: drops to near 1.1000 as eurozone eyes recession, US inflation in focus. According to FXStreet on Tuesday, 9 May, "The EUR/USD pair has corrected sharply to near the psychological support of 1.1000 in the early Tokyo session amid a recovery move in the US Dollar. "

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published.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