USD/EUR Went Up By Over 3% In The Last 21 Sessions

(VIANEWS) – USD/EUR (USDEUR) has been up by 3.18% for the last 21 sessions. At 16:11 EST on Monday, 21 October, USD/EUR (USDEUR) is $0.92.

USD/EUR’s yearly highs and lows, it’s 3.633% up from its 52-week low and 2.736% down from its 52-week high.

Volatility

USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.12%, 0.14%, and 0.28%, respectively.

USD/EUR’s highest amplitude of average volatility was 0.28% (last week), 0.29% (last month), and 0.28% (last quarter), respectively.

News about

  • Eur/usd hovers near 1.0850, downside seems possible due to shift in policies outlook. According to FXStreet on Monday, 21 October, "Such a move could weigh on the Euro and exert downward pressure on the EUR/USD pair."
  • Eur/usd price analysis: trades above 1.0850, descending channel. According to FXStreet on Monday, 21 October, "A drop below this threshold would indicate an oversold condition, suggesting the possibility of an upward correction for the EUR/USD pair in the near future.", "On the downside, if the EUR/USD pair re-enters the descending channel, it could approach the "throwback support" near the psychological level of 1.0800. "
  • According to FXStreet on Monday, 21 October, "These comments fail to move the needle aroundthe Euro, keeping EUR/USD 0.10% lower on the day at 1.10854, as of writing."
  • According to FXStreet on Monday, 21 October, "Thursday’s release of PMIs across the Eurozone region will also be crucial to EUR/USD this week. ", "Unless there is a miraculous recovery in these (which seems unlikely), EUR/USD should stay relatively offered in a 1.08-1.09 range."
  • Difficult short-term outlook for eur/usd – commerzbank. According to FXStreet on Monday, 21 October, "However, the risks are still clearly on the downside, which means that EUR/USD is likely to stabilise around current levels. ", "This means that in order to see significantly higher EUR/USD levels, we would probably need to see an end to the USD rally."

More news about USD/EUR (USDEUR).

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