(VIANEWS) – USD/EUR (USDEUR) has been up by 3.08% for the last 21 sessions. At 07:15 EST on Saturday, 25 February, USD/EUR (USDEUR) is $0.95.
USD/EUR’s yearly highs and lows, it’s 6.612% up from its 52-week low and 9.55% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.19%, and 0.43%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.45% (last month), and 0.43% (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 to continue correcting lower in the near-term – MUFG. According to FXStreet on Thursday, 23 February, "We see room for EUR/USD to continue correcting lower in the near-term."
- Eur/usd snaps three-day losing streak above 1.0600 as US dollar retreats amid cautious optimism. According to FXStreet on Thursday, 23 February, "The same initially triggered the market’s risk-off mood and favored the EUR/USD bears before the details suggested that the policymakers also discussed going easy on the rate hike trajectory. ", "Moving on, final readings of the bloc’s inflation gauge and risk catalysts will be important for the EUR/USD traders to watch ahead of the second readings of the US Personal Consumption Expenditures (PCE) details for the fourth quarter (Q4), as well as the preliminary readings of the US Q4 Gross Domestic Product (GDP)."
- Eur/usd: bears in control around 1.0600 ahead of fed’s preferred inflation gauge. According to FXStreet on Thursday, 23 February, "A convergence of the 100-day Exponential Moving Average (EMA) and an 11-week-old ascending support line, close to 1.0550 by the press time, appears a tough nut to crack for the EUR/USD bears."
- Eur/usd forex signal: sell-off gets supercharged – 23 February 2023. According to DailyForex on Thursday, 23 February, "The EUR/USD continued its bearish trend after the Fed minutes confirmed the fear in Wall Street about the interest rate hike trajectory. ", "The EUR/USD plunged to the lowest level in more than a month after the Fed delivered minutes of the past meeting. "
- Eur/usd could trade on the offered side for a few weeks yet – ING. According to FXStreet on Thursday, 23 February, "For the short term, EUR/USD remains soggy and it is hard to rule out a break under 1.0600 towards the 1.05 area.", "Our game plan remains that 1.04/1.05 could now be some of the lowest EUR/USD levels of the year - but it feels like EUR/USD could trade on the offered side for a few weeks yet."
More news about USD/EUR (USDEUR).
