(VIANEWS) – USD/EUR (USDEUR) has been up by 1.57% for the last 21 sessions. At 05:10 EST on Wednesday, 29 March, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.176% up from its 52-week low and 11.982% down from its 52-week high.
News about
- Eur/usd bulls attack 1.0800 amid risk-on mood, focus on ecb’s lagarde, US consumer confidence. According to FXStreet on Monday, 27 March, "On the other hand, the latest comments from Federal Reserve Governor Philip Jefferson and the US Dollar’s safe-haven demand could be linked to the EUR/USD run-up, not to forget downbeat US data. ", "A clear bounce off the 50-DMA, around 1.0735 by the press time, directs EUR/USD towards the 1.0930 horizontal resistance."
- Eur/usd rebounds after two consecutive days of losses, boosted by risk-on impulse, weaker USD. According to FXStreet on Monday, 27 March, "Technically speaking, the EUR/USD is neutral to upward biased, with a triple bottom staying in play as long as the EUR/USD remains above 1.0759. ", "The Relative Strength Index (RSI) favors EUR/USD upside, while the Rate of Chance (RoC) suggests that buying pressure is waning. "
- Eur/usd grinds higher past 1.0800 as easing bank, inflation fears weigh on US dollar. According to FXStreet on Tuesday, 28 March, "Furthermore, Monday’s downbeat US Dallas Fed Manufacturing Business Index for March contrasted with Germany’s strong IFO data for the said month to offer additional strength to the EUR/USD bulls.", "It’s worth noting, however, the Fed policymakers appeared slightly less hawkish than their ECB counterparts in the latest commentaries and hence allowed the EUR/USD bulls to rise further. "
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