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

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.29% for the last 21 sessions. At 18:10 EST on Monday, 17 April, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 1.34% up from its 52-week low and 12.707% down from its 52-week high.

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  • Usd/jpy traces on sluggish yields below 134.00 even as boj vs. fed divergence regains attention. According to FXStreet on Monday, 17 April, "Not only a lack of major data/events but mixed catalysts and sluggish yields also challenge the USD/JPY pair traders of late.", "Recently, the geopolitical challenges emanating from China, due to its eagerness to collaborate with Russia on global and regional security, as well as tussles with the US over Taiwan, prod the market sentiment and weigh on the USD/JPY pair."
  • Usd/jpy eases from over one-month peak, trades with modest gains just below 134.00. According to FXStreet on Monday, 17 April, "This, along with the US bond yields, should influence the USD price dynamics and provide some impetus to the USD/JPY pair. ", "Expectations that the Federal Reserve (Fed) will pause its rate-hiking cycle, sooner rather than later, fail to assist the US Dollar (USD) to capitalize on its recovery move from a one-year low, which, in turn, acts as a headwind for the USD/JPY pair. "
  • Usd/jpy price analysis: gains momentum on rising US treasury bond yields. According to FXStreet on Monday, 17 April, "Conversely, if the USD/JPY retraces, the first support would be 100-day EMA at 134.00. ", "The USD/JPY extended its gains past the last week’s high of 134.04, and it’s aiming to challenge a break above January 6 high at 134.77. "

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