(VIANEWS) - USD/EUR (USDEUR) has been up by 1.11% for the last 10 sessions. At 09:10 EST on Friday, 8 December, USD/EUR (USDEUR) is $0.93.
USD/EUR's yearly highs and lows, it's 4.533% up from its 52-week low and 3.124% 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 0.29%, a negative 0.03%, and a positive 0.31%, respectively.
USD/EUR's highest amplitude of average volatility was 0.29% (last week), 0.37% (last month), and 0.31% (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
- Usd/jpy: near-term resistance approached and speculative - 06 December 2023. According to DailyForex on Wednesday, 6 December, "The move higher the past couple of days in the USD/JPY is a natural part of Forex trading. ", "Recent Climb Could Prove Temporary in USD/JPYTraders may believe the recent incremental moves higher in the USD/JPY are likely looking at near-term resistance and buying could run out of power. "
- Usd/jpy forecast: continues to hang about support against yen - 06 December 2023. According to DailyForex on Wednesday, 6 December, "It's essential to understand that the USD/JPY currency pair is significantly influenced by U.S. interest rates, especially the 10-year yield. ", "The trajectory of the USD/JPY pair will be heavily dictated by these evolving economic narratives and the actions of central banks that are seemingly the only thing people are talking about. "
- According to Business Insider on Thursday, 7 December, "As the Fed cuts rates and the BoJ starts to raise, FX markets could see a long-term driver of USD/JPY gains begin to fade as the carry trade becomes more risky.", "We doubt USD/JPY will start correcting well in advance before the Fed's first rate cut, given the magnitude of carry," said Shusuke Yamad, FX and rates strategist at Bank of America."
- Usd/jpy recovers back over 144.00 after a rebound from steep Thursday declines. According to FXStreet on Thursday, 7 December, "The USD/JPY plunged over 4% on Thursday, briefly declining below 142.00 before broader markets staged a moderate rebound, pulling the Japanese Yen (JPY) back into reasonable gain territory. ", "Despite the intraday recovery, the USD/JPY saw one of its worst-performing days in over a year, when the pair fell below the 140.00 handle last November."
- According to FXStreet on Thursday, 7 December, "Some follow-through selling below the 146.00 mark could then drag the USD/JPY pair to the 145.45-145.40 intermediate support en route to the 145.00 psychological mark.", "This, in turn, suggests that the path of least resistance for the USD/JPY pair is to the downside and supports prospects for further losses."
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