(VIANEWS) – EUR/GBP (EURGBP) has been up by 12.21% for the last 21 sessions. At 06:06 EST on Thursday, 24 November, EUR/GBP (EURGBP) is $0.86.
EUR/GBP’s yearly highs and lows, it’s 4.766% up from its 52-week low and 6.94% down from its 52-week high.
EUR/GBP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.18%, a positive 0.04%, and a positive 0.67%, respectively.
EUR/GBP’s highest amplitude of average volatility was 0.30% (last week), 0.48% (last month), and 0.67% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, EUR/GBP’s Forex is considered to be overbought (>=80).
News about USD/JPY
- Usd/jpy: yen to stage a strong rebound over the medium term – wells fargo. According to FXStreet on Tuesday, 22 November, "Economists at Wells Fargo see the Japanese currency strengthening over the medium term, targeting a USD/JPY exchange rate of 135.00 by Q1-2024.", "Although we anticipate US Dollar strength to continue into early 2023, we see the Japanese currency strengthening over the medium term, and believe the USD/JPY exchange rate could reach 135.00 by Q1-2024."
- According to FXStreet on Tuesday, 22 November, "The AUD/USD trades around 0.6640, marginally higher on the day, while USD/JPY hovers around 141.20."
- Usd/jpy traces sluggish treasury yields below 142.00, snaps four-day uptrend. According to FXStreet on Tuesday, 22 November, "Moving on, a lack of major data/events could allow the USD/JPY buyers to take a breather ahead of Wednesday’s important catalysts. ", "Unless staying beyond the 100-DMA level surrounding 141.00, the USD/JPY bulls remain hopeful."
- Usd/jpy remains below mid-141.00s amid modest USD weakness, FOMC minutes in focus. According to FXStreet on Wednesday, 23 November, "In the meantime, a more dovish stance adopted by the Bank of Japan (BoJ), along with signs of stability in the equity markets, could undermine the safe-haven Japanese Yen and offer support to the USD/JPY pair. ", "This marks a big divergence in comparison to the Fed and supports prospects for the emergence of some buying around the USD/JPY pair at lower levels. "
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