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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.25% for the last 21 sessions. At 04:12 EST on Wednesday, 22 February, USD/EUR (USDEUR) is $0.94.

USD/EUR’s yearly highs and lows, it’s 6.68% up from its 52-week low and 10.408% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.16%, and 0.45%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.25% (last week), 0.44% (last month), and 0.45% (last quarter), respectively.

News about

  • Eur/usd price analysis: bears approach 11-week-old support line near 1.0620. According to FXStreet on Tuesday, 21 February, "In a case where the EUR/USD pair remains firmer past 1.0805, the odds of witnessing a run-up towards the 1.1000 psychological magnet and then to the monthly high near 1.1035 can’t be ruled out.", "As a result, the EUR/USD bears are well-set to revisit an upward-sloping support line from early December, close to 1.0620 by the press time."
  • Eur/usd: hawkish ECB talks, upbeat EU data tease bulls near 1.0700, pmis in focus. According to FXStreet on Monday, 20 February, "Against this backdrop, Wall Street was closed and US Treasury yields eased, which in turn weighed on the US Dollar Index (DXY) and allowed the EUR/USD to remain firmer, defending Friday’s rebound from the six-week low.", "Moving on, the return of full markets may highlight the geopolitical fears surrounding the US-China tussles over Taiwan and balloon shooting, not to forget the North Korean missile firing, to weigh on the sentiment and the EUR/USD prices."
  • Eur/usd: hawkish set of FOMC minutes required to see a break towards 1.05 – ING. According to FXStreet on Monday, 20 February, "The Dollar rally might have come far enough for the time being and EUR/USD found good demand ahead of 1.06. ", "It will probably require quite a hawkish set of FOMC minutes on Wednesday for EUR/USD to break towards 1.05 - where we expect to see good demand ahead of a EUR/USD rally in the second quarter."
  • Eur/usd price analysis: remains pressured towards 1.0630-15 support area. According to FXStreet on Monday, 20 February, "Overall, EUR/USD is likely to decline further, even as the downside room appears limited.", "With this, the EUR/USD bears are all set to revisit the 1.0630-15 support area comprising multiple levels marked since early January 2023."

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