(VIANEWS) – USD/EUR (USDEUR) has been up by 2.75% for the last 21 sessions. At 16:07 EST on Sunday, 20 October, USD/EUR (USDEUR) is $0.92.
USD/EUR’s yearly highs and lows, it’s 3.207% up from its 52-week low and 3.136% down from its 52-week high.
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
- Eur/usd appreciates to near 1.0850 despite less-dovish sentiment surrounding the fed. According to FXStreet on Friday, 18 October, "The EUR/USD pair breaks its four-day losing streak, trading around 1.0840 during the Asian session on Friday. "
- According to FXStreet on Friday, 18 October, "After EUR/USD showed almost no imminent reaction to the ECB statement yesterday, the US retail sales figures, which were published shortly afterwards, were more capable to cause a stir, before the ECB press conference took over, Commerzbank’s FX analyst Michael Pfister notes.", "The US dollar benefited somewhat from this, with EUR/USD now flirting with 1.08 rather than higher levels."
- Eur/usd: speculation rises about a potential quicker pace of ECB easing – rabobank. According to FXStreet on Friday, 18 October, "The resultant downward pressure on EUR/USD has been compounded by a renewed interest in the dollar supportive ‘Trump trade’. ", "We recently revised down our forecasts for EUR/USD and latest developments underpin downside risks for the currency pair."
More news about USD/EUR (USDEUR).
