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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.53% for the last 10 sessions. At 19:06 EST on Thursday, 28 March, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 4.499% up from its 52-week low and 3.156% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.24%, 0.01%, and 0.25%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.27% (last month), and 0.25% (last quarter), respectively.

News about

  • Eur/usd remains depressed on stronger usd, manages to hold above 1.0800 mark. According to FXStreet on Wednesday, 27 March, "This, along with a softer risk tone, underpins the safe-haven buck and exerts some pressure on the EUR/USD pair.", "This is seen as another factor that contributes to the offered tone surrounding the EUR/USD pair and supports prospects for an extension of over a two-week-old downtrend."
  • Eur/usd labors higher on profit-taking. According to FXStreet on Tuesday, 26 March, "If anything, the widening gap between what Fed speakers are advocating and what ECB officials are saying should be pushing EUR/USD lower. "
  • Eur/usd forex signal: bears are still in control – 27 March 2024. According to DailyForex on Wednesday, 27 March, "The EUR/USD pair has been fairly volatile in the past few weeks as traders focused on the recent actions by the Federal Reserve and the European Central Bank (ECB). ", "The EUR/USD pair crashed to a low of 1.0800 on Friday and then rebounded to 1.0865 on Monday. "
  • Eur/usd price analysis: the potential support level is located near 1.0800. According to FXStreet on Wednesday, 27 March, "The encouraging US economic data and the high-for-longer rate narrative from the Federal Reserve (Fed) provide some support to the US Dollar (USD) and drag the EUR/USD lower. ", " The key resistance level for EUR/USD will emerge near 1.0853, portraying the confluence of the upper boundary of the Bollinger Band and the 50-period EMA. "
  • Eur/usd should be able to prevent much more pressure on the 1.0800 support – ING. According to FXStreet on Tuesday, 26 March, "For this week, EUR/USD should be able to prevent much more pressure on the 1.0800 support and stabilise around or modestly above 1.0850."

More news about USD/EUR (USDEUR).

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