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

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.24% for the last 10 sessions. At 09:07 EST on Tuesday, 8 August, USD/EUR (USDEUR) is $0.91.

USD/EUR’s yearly highs and lows, it’s 2.965% up from its 52-week low and 12.879% 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 0.08%, and a positive 0.32%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.36% (last month), and 0.32% (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 overbought (>=80).

News about

  • Usd/jpy to move downward on higher 10-year JGB yields – CIBC. According to FXStreet on Monday, 7 August, "A rise higher in 10-year JGB yields suggests that less capital will be exported outside of the country and supports downside USD/JPY over the projection horizon."
  • Usd/jpy flat-lines around 141.65 area, just above Friday’s post-nfp swing low. According to FXStreet on Monday, 7 August, "This, in turn, halted the recent surge in Treasury yields, which keeps the US Dollar (USD) bulls on the defensive for the third successive day on Monday and turns out to be a key factor acting as a headwind for the USD/JPY pair.", "The USD/JPY pair surrenders its modest Asian session gains to the 142.00 neighbourhood and retreats to the lower end of the intraday range in the last hour. "
  • Usd/jpy technical analysis: the general trend is still bullish – 07 August 2023. According to DailyForex on Monday, 7 August, "In the last two trading sessions of last week, the price of the USD/JPY currency pair was subjected to selling operations that pushed it toward the support level at 141.55, based on the resistance level of 143.88. ", "In the near term, and according to the performance on the hourly chart, it appears that the USD/JPY currency pair is trading within a limited bearish channel formation."
  • Usd/jpy climbs on strong USD after last week’s US nonfarm payrolls data. According to FXStreet on Monday, 7 August, "The USD/JPY advancement was sponsored by hawkish comments by Michelle Bowman, who said the Fed would likely need to lift rates further to bring down inflation. "

More news about USD/EUR (USDEUR).

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