(VIANEWS) – USD/EUR (USDEUR) has been up by 2.92% for the last 21 sessions. At 15:10 EST on Sunday, 4 June, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 3.572% up from its 52-week low and 10.933% 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 0.09%, a positive 0.08%, and a positive 0.40%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.27% (last week), 0.26% (last month), and 0.40% (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
- Speculator investors set to re-position short usd/jpy above 140 – ING. According to FXStreet on Friday, 2 June, "However, USD/JPY looks overvalued relative to the terms of trade story - which is much better for the Yen than a year ago.", "And thus it would not be a surprise to see speculator investors trying to re-position short USD/JPY above 140 - even if such a strategy has already proved painful this year."
- Usd/jpy price analysis: bears occupy driver’s seat despite snapping four-day downtrend near 139.00. According to FXStreet on Friday, 2 June, "However, a one-week-old previous support line, close to 139.15 at the latest, restricts the USD/JPY pair’s immediate upside within a short-term bearish channel, currently between 138.35 and 139.50.", "On the flip side, a clear break of 138.35 will also reject the previously stated bearish channel but in favor of the USD/JPY sellers. "
- Usd/jpy surges above 139.50 following US NFP figures. According to FXStreet on Friday, 2 June, "On the other hand, immediate support for USD/JPY is seen at the 138.90 zone level, followed by the 138.50 level and the psychological mark at 138.00.", "The USD/JPY gained more than 60 pips on Friday, spiking to the 139.70 zone following the labor market data from the US which suggested that the Federal Reserve (Fed) may reconsider a further hike. "
- Speculator investors set to re-position short usd/jpy above 140 – ING. According to FXStreet on Friday, 2 June, "However, USD/JPY looks overvalued relative to the terms of trade story - which is much better for the Yen than a year ago.", "And thus it would not be a surprise to see speculator investors trying to re-position short USD/JPY above 140 - even if such a strategy has already proved painful this year."
- Usd/jpy spikes and retreats on mixed US NFP report, up a little above 139.00 mark. According to FXStreet on Friday, 2 June, "This, along with the risk-on impulse, as depicted by a generally positive tone around the equity markets, undermines the safe-haven Japanese Yen (JPY) and acts as a tailwind for the USD/JPY pair, warranting some caution for bearish traders.", "The reading consensus estimates pointing to an addition of 190K jobs and well above the previous month’s upwardly 294K, which, in turn, benefits the Greenback and provides a modest lift to the USD/JPY pair."
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