USD/EUR Went Up By Over 1% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 1.61% for the last 21 sessions. At 22:13 EST on Sunday, 5 November, USD/EUR (USDEUR) is $0.93.

USD/EUR’s yearly highs and lows, it’s 5.04% up from its 52-week low and 7.589% 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 0.06%, a negative 0.05%, and a positive 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.23% (last week), 0.28% (last month), and 0.28% (last quarter), respectively.

News about

  • According to FXStreet on Friday, 3 November, "(This story was corrected on November 3 at 11:58 GMT to say that the EUR/USD pair extended positive price action on Friday, not Thursday.)", "The Euro (EUR) preserves its positively robust sentiment in the latter half of the week against the US Dollar (USD), motivating EUR/USD to revisit the 1.0650 region prior to the release of the US employmentreport on Friday."
  • Eur/usd to end the year around the 1.05/1.06 area – ING. According to FXStreet on Friday, 3 November, "Given our house view that a US slowdown is more likely in the next quarter rather than this one, we therefore expect EUR/USD to end the year around this 1.05/1.06 area and USD/JPY to end the year not far from 150. ", "Our forecast for a Eurozone recession, a difficult return of the Stability and Growth Pact, and the ongoing threat of a geopolitical spike in oil prices present downside risks to our view of a Fed-driven rise in EUR/USD to 1.10 next summer and 1.15 by year-end 2024."
  • According to FXStreet on Friday, 3 November, "Although EUR/USD erased a portion of its daily gains in the American session, it closed in positive territory on Thursday. "
  • According to FXStreet on Friday, 3 November, "An upbeat NFP headline print and hot wage inflation data could reignite expectations of a December Fed rate hike, offering much-needed support to the US Dollar while dragging EUR/USD back toward 1.0500. ", "Dhwani Mehta, Analyst at FXStreet, offers a brief technical outlook for trading EUR/USD on the NFP data release. "
  • Eur/usd price analysis: remains below 50-day sma, bearish flag pattern in play ahead of NFP. According to FXStreet on Friday, 3 November, "That said, the recent repeated failures near the 50-day Simple Moving Average (SMA) warrants caution before placing bullish bets around the EUR/USD pair. ", "Hence, the 1.0665-1.0670 area might continue to act as an immediate strong barrier, above which the EUR/USD pair could aim to reclaim the 1.0700 mark and test the top boundary of the aforementioned trend channel, currently around the 1.0715 region. "

More news about USD/EUR (USDEUR).

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