(VIANEWS) – USD/EUR (USDEUR) has been up by 1.39% for the last 10 sessions. At 16:10 EST on Tuesday, 24 September, USD/EUR (USDEUR) is $0.89.
USD/EUR’s yearly highs and lows, it’s 0.19% up from its 52-week low and 6.531% 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 positive 0.02%, a negative 0.03%, and a positive 0.26%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.19% (last week), 0.27% (last month), and 0.26% (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
- According to FXStreet on Monday, 23 September, "This is not a great environment for the Euro, nor for EUR/USD to push above major resistance at 1.12. ", "Further EUR/USD consolidation in a 1.11-1.12 range seems likely, ING’s FX strategist Chirs Turner notes."
- Eur/usd eases back after misfire in EU PMI figures. According to FXStreet on Monday, 23 September, "Tuesday will be a quiet affair on the EUR/USD front; little data is expected from either side of the Atlantic, though Federal Reserve (Fed) Governor Michelle Bowman is expected to make an appearance.", "Despite intraday weakness, EUR/USD continues to remain overall well-bid, with the pair testing into yearly highs despite an inability to reclaim the 1.1200 handle."
- According to FXStreet on Tuesday, 24 September, "Were it not for the global inflationary environment EUR/USD would look more vulnerable under 1.1100. ", "For the time being, however, we slightly favour this 1.1100-1.1150 range to hold, with the best news for EUR/USD potentially coming with US price data on Friday."
- According to FXStreet on Tuesday, 24 September, "Even if not much remained of yesterday’s EUR-negative shock in the end, the market reaction reminds us that our expectation of rising EUR/USD rates is also based on the euro areanotsliding into a recession. ", "If the situation were to deteriorate significantly, our EUR/USD forecast would be at risk."
More news about USD/EUR (USDEUR).
