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USD/EUR Slides By 1% In The Last 5 Sessions

ViaNews Editorial Team

December 15, 2023

USD/EUR Slides By 1% In The Last 5 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.54% for the last 5 sessions. At 14:09 EST on Friday, 15 December, USD/EUR (USDEUR) is $0.91.

USD/EUR's yearly highs and lows, it's 2.864% up from its 52-week low and 4.671% down from its 52-week high.

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 drops post fed decision, as US dollar and US yields plummet. According to FXStreet on Thursday, 14 December, "The USD/JPY edges down following Wednesday's Federal Reserve's (Fed) decision, which sent US Treasury yields plummeting alongside the Greenback. ", "Another factor that's influencing the USD/JPY pair is the plunge of the 10-year benchmark note rate, closely correlated with the major. "
  • Usd/jpy forecast: looking to move against yen - 14 December 2023. According to DailyForex on Thursday, 14 December, "As the end of the year approaches, these central bank decisions will provide vital clues about the future course of the USD/JPY pair. ", "In summary, the USD/JPY market is currently navigating a period of anticipation and uncertainty, with key influences coming from central bank policies. "
  • Usd/jpy: dive lower and considerations of things to come - 14 December 2023. According to DailyForex on Thursday, 14 December, "The USD/JPY had been showing signs of selling the past few weeks as financial institutions produced downside price action on occasion. ", "The USD/JPY is trading near the 141.800 level as of this writing with fast conditions still flourishing in the currency pair. "
  • According to FXStreet on Wednesday, 13 December, "However, we doubt USD/JPY will sustain gains above the 146/147 area as traders re-adjust positions for a potential change in the Bank of Japan (BoJ) policy on December 19th. ", "We suspect that USD/JPY has peaked, however, and are happy with our call for USD/JPY to be trading close to 135 next summer after the BoJ starts to dismantle its ultra-dovish policy in the first half of next year."
  • Usd/jpy grinds into the middle just above 145.00 ahead of the year’s final fed rate call. According to FXStreet on Wednesday, 13 December, "The USD/JPY is caught in the middling recovery range of last week's plunge into 141.60, with the bullish rebound getting capped off by resistance from the 200-hour Simple Moving Average (SMA) descending into the 146.00 handle, and near-term chart action is seeing technical support from the 145.00 handle.", "The USD/JPY is down a little under a tenth of a percent from Wednesday's opening bids, but still up roughly a sixth of a percent on the week."

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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