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USD/EUR Went Up By Over 1% In The Last 5 Sessions

ViaNews Editorial Team

January 3, 2024

USD/EUR Went Up By Over 1% In The Last 5 Sessions

(VIANEWS) - USD/EUR (USDEUR) has been up by 1.07% for the last 5 sessions. At 17:07 EST on Wednesday, 3 January, USD/EUR (USDEUR) is $0.92.

USD/EUR's yearly highs and lows, it's 3.202% up from its 52-week low and 4.357% 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 0.01%, a negative 0.06%, and a positive 0.34%, respectively.

USD/EUR's highest amplitude of average volatility was 0.31% (last week), 0.35% (last month), and 0.34% (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

  • According to FXStreet on Wednesday, 3 January, "The USD, on the other hand, enters a bullish consolidation phase after recording its biggest daily percentage gains since October on Tuesday and caps the USD/JPY pair's overnight rally of over 140 pips. ", "This might provide some impetus to the USD/JPY pair during the North American session. "
  • According to FXStreet on Tuesday, 2 January, "Finally, the USD/JPY trades around 142.00, while Gold saw little action, ending the day with modest losses at around $2,060 a troy ounce."
  • Usd/jpy holds positive ground above 142.00, eyes on US pmi, FOMC minutes. According to FXStreet on Tuesday, 2 January, "The USD/JPY pair edges higher above the 142.00 mark during the early Asian session on Wednesday. ", "The US Nonfarm Payrolls (NFP) will be a closely watched event and could keep a clear direction for the USD/JPY pair."
  • Usd/jpy analysis: gains May remain cautious - 03 January 2024. According to DailyForex on Wednesday, 3 January, "As trading in 2024 began, the USD/JPY pair attempted to recover, with gains reaching the 142.41 resistance level, which is stable at the time of writing."

More news about USD/EUR (USDEUR).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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