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USD/EUR Rises By 1% In The Last 21 Sessions

ViaNews Editorial Team

August 11, 2023

USD/EUR Rises By 1% In The Last 21 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.59% for the last 21 sessions. At 12:07 EST on Friday, 11 August, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.841% up from its 52-week low and 12.984% 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 0.07%, a negative 0.01%, and a positive 0.33%, respectively.

USD/EUR's highest amplitude of average volatility was 0.28% (last week), 0.33% (last month), and 0.33% (last quarter), respectively.

News about

  • Eur/usd price analysis: euro recovers within nearby triangle below 1.1000 amid looming Italy tax woes. According to FXStreet on Wednesday, 9 August, "Though, the August 03 trough surrounding 1.0910 and the 1.0900 may prod the EUR/USD bears.", "Technically, the Euro pair's rebound from the bottom line of the aforementioned triangle joins the upbeat RSI (14) line, not overbought, to defend the EUR/USD bulls."
  • Eur/usd: long euro positions could capitulate in September – socgen. According to FXStreet on Wednesday, 9 August, "We can see EUR/USD trade in a range for a while longer, as long as positions stay where they are."
  • Eur/usd: A return to 1.10 is possible today – ING. According to FXStreet on Wednesday, 9 August, "In the near term, the relevance of relative equity performance for EUR/USD should keep it quite sensitive to the matter."
  • Eur/usd forex signal: more downside amid a risk-off sentiment - 09 August 2023. According to DailyForex on Wednesday, 9 August, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});Bearish viewSell the EUR/USD pair and set a take-profit at 1.0900.", "The EUR/USD exchange rate continued falling as concerns about the American economy continued. "
  • Eur/usd likely to move with a heavy topside – mizuho. According to FXStreet on Wednesday, 9 August, "After opening July trading at the lower 1.09 mark, EUR/USD rose to the 1.12 range mid-July before dropping back to around 1.10. ", "If the US releases stronger data going forward, the Dollar will be bought as investors price in further rate hikes within the year, with EUR/USD likely to move with a heavy topside."

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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