USD/EUR Went Down By Over 2% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 2.75% for the last 21 sessions. At 21:10 EST on Wednesday, 21 August, USD/EUR (USDEUR) is $0.90.

USD/EUR’s yearly highs and lows, it’s 0.112% up from its 52-week low and 6.28% 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 0.29%, a negative 0.13%, and a positive 0.26%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.43% (last week), 0.29% (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 overbought (>=80).

News about

  • Usd/jpy price forecast: hovers around 145.20 post-fed minutes release. According to FXStreet on Wednesday, 21 August, "If USD/JPY drops below 145.00, the August 6 daily low of 143.61 will be exposed. ", "The USD/JPY trims some of its earlier gains after July’s Federal Reserve’s meeting minutes hinted the US central bank could ease policy as soon as September. "
  • Usd/jpy edges lower near 146.00 on the weaker US dollar, hawkish boj. According to FXStreet on Tuesday, 20 August, "The USD/JPY pair trades in negative territory for the third consecutive day near 146.05 during the Asian trading hours on Tuesday. "
  • According to FXStreet on Tuesday, 20 August, "This resulted in a sharp unwind of yen carry trades, bringing USD/JPY down to as low as 142.", "Japan had intervened to support the JPY in April-May as well as July this year, and risks of intervention are heightened if USD/JPY is to trade above 150 again."
  • According to FXStreet on Tuesday, 20 August, "The BoJ then surprised everyone by raising interest rates, while the Fed announced on the same day that it would cut rates in September, before a weak US jobs report two days later sent USD/JPY even lower.", "We therefore expect the JPY to weaken again and USD/JPY to strengthen over the course of next year."
  • Usd/jpy: clashing uncertainties – rabobank. According to FXStreet on Wednesday, 21 August, "That has not been the case in USD/JPY this summer, Rabobank’s Senior FX Strategist Jane Foley notes.", "Most activity in the last couple of weeks has been within the 145 to 147 area and there is a solid chance that this will continue to broadly hold USD/JPY in the near-term. "

More news about USD/EUR (USDEUR).

Leave a Reply

Your email address will not be published. Required fields are marked *