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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.29% for the last 21 sessions. At 18:18 EST on Thursday, 2 November, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 5.75% up from its 52-week low and 8.729% 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 0.03%, a negative 0.01%, and a positive 0.29%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.21% (last week), 0.31% (last month), and 0.29% (last quarter), respectively.

News about

  • According to FXStreet on Tuesday, 31 October, "At the time of writing, the EUR/USD is dropping 0.05% on the day to trade at 1.0605."
  • Eur/usd: unlikely to trade above resistance at 1.0630/1.0640 unless US consumer confidence falls sharply – ING. According to FXStreet on Tuesday, 31 October, "Unless US consumer confidence falls sharply, we doubt investors will want to chase EUR/USD through intraday resistance at 1.0630/1.0640, especially ahead of Wednesday’s FOMC meeting."
  • Eur/usd could rise a few more pips again before the focus shifts to fed meeting – commerzbank. According to FXStreet on Tuesday, 31 October, "If the numerous ECB speakers today continue to emphasise a ‘high for longer’, the EUR/USD could rise a few more pips again before the focus shifts to Wednesday’s Fed meeting."
  • Eur/usd seen navigating a broad 1.0450-1.0730 near term – UOB. According to FXStreet on Tuesday, 31 October, "Looking ahead, as long as EUR/USD does not break clearly above 1.0730, there is still a chance, albeit not a high one, for EUR/USD to dip below 1.0400 before the risk of a more sustained and pronounced recovery is likely. ", "The current price movements are likely part of a consolidation phase, and EUR/USD is likely to trade in a range between 1.0450 and 1.0730 for the next couple of months."
  • Eur/usd price analysis: retraces the recent gains, hovers below 1.0600. According to FXStreet on Tuesday, 31 October, "Additionally, the EUR/USD pair appears to be encountering subdued momentum, as evidenced by the 14-day Relative Strength Index (RSI). ", "A firm break below the latter could open the doors for the EUR/USD pair to navigate the area around the key level at 1.0500."

More news about USD/EUR (USDEUR).

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