USD/EUR Jumps By 3% In The Last 10 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.03% for the last 10 sessions. At 04:14 EST on Monday, 30 October, USD/EUR (USDEUR) is $0.95.

USD/EUR’s yearly highs and lows, it’s 6.822% up from its 52-week low and 7.805% 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 0.04%, a negative 0.01%, and a positive 0.29%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.43% (last week), 0.29% (last month), and 0.29% (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

  • Eur/usd: weekly forecast 29th October – 4th November – 29 October 2023. According to DailyForex on Sunday, 29 October, "Traders who want to continue pursuing lower values with the EUR/USD should remain cautious too, because a strong price velocity lower would likely have to be propelled by additional negative news developing and affecting global financial markets. ", "The ECB on Thursday of last week promptly held its ground and stayed consistent, the European Central Bank kept policy in place as Europe continues to struggle with lackluster economic conditions.USD Advance GDP was a Trigger in EUR/USD Possibly Last Thursday"
  • Eur/usd attracts some sellers around 1.0550 ahead of the German gdp, CPI data. According to FXStreet on Monday, 30 October, "That being said, the higher for longer rate narratives in the US could lift the USD and act as a headwind for the EUR/USD pair. ", "This event might trigger the volatility in the financial markets and give a clear direction to the EUR/USD pair."

More news about USD/EUR (USDEUR).

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