(VIANEWS) – USD/EUR (USDEUR) has been up by 2.68% for the last 21 sessions. At 23:06 EST on Wednesday, 24 May, USD/EUR (USDEUR) is $0.93.
USD/EUR’s yearly highs and lows, it’s 3.25% up from its 52-week low and 11.21% down from its 52-week high.
Volatility
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.14%, and 0.42%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.31% (last week), 0.30% (last month), and 0.42% (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 price analysis: rising wedge at multi-day top keeps yen buyers hopeful near 138.50. According to FXStreet on Wednesday, 24 May, "Alternatively, the stated wedge’s top line, close to the 139.00 round figure by the press time, restricts immediate USD/JPY recovery. ", "Not only the bearish pattern but the downbeat MACD signals and failure to remain firmer at the multi-day high also lures the USD/JPY sellers."
- Usd/jpy consolidates around mid-138.00s, just below YTD top ahead of FOMC minutes. According to FXStreet on Wednesday, 24 May, "Apart from this, a generally weaker tone around the equity markets drives some haven flow towards the Japanese Yen (JPY) and acts as a headwind for the USD/JPY pair. ", "This marks a big divergence in comparison to a more dovish stance adopted by the Bank of Japan (BoJ), which continues to undermine the JPY and is seen lending some support to the USD/JPY pair."
- Usd/jpy price analysis: consolidates near YTD peak, seems poised to appreciate further. According to FXStreet on Tuesday, 23 May, "This, in turn, suggests that the path of least resistance for the USD/JPY pair is to the upside and any downtick is likely to get bought into.", "A combination of supporting factors pushes the US Dollar (USD) to a fresh two-months, which, in turn, is seen acting as a tailwind for the USD/JPY pair. "
More news about USD/EUR (USDEUR).
