(VIANEWS) – GBP/EUR (GBPEUR) is currently on bearish momentum. At 05:07 EST on Thursday, 19 August, GBP/EUR (GBPEUR) is at 1.1694, 0.92% down since the last session’s close.
GBP/EUR (GBPEUR) Range
About GBP/EUR’s daily highs and lows, it’s 0.171% down from its trailing 7 days low of $1.17 and 0.747% down from its trailing 7 days high of $1.18.
GBP/EUR’s yearly highs and lows, it’s 8.67% up from its 52-week low and 1.158% down from its 52-week high.
GBP/EUR’s last week, last month’s, and last quarter’s current volatility was a positive 0.24%, a negative 0.01%, and a positive 0.28%, respectively.
GBP/EUR’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.31% (last week), 0.27% (last month), and 0.28% (last quarter), respectively.
News about USD/JPY
Usd/jpy remains depressed below mid-110.00s, near two-week lows. According to FXStreet on Monday, 16 August, "The risk-off impulse in the markets benefitted the safe-haven Japanese yen and continued exerting some pressure on the USD/JPY pair. ", "Traders might further take cues from the broader market risk sentiment to grab some short-term opportunities around the USD/JPY pair amid absent relevant market-moving economic data from the US."
According to FXStreet on Monday, 16 August, "The release of latest FOMC minutes is the main event risk for the week ahead with the USD/JPY pair set to test July’s high of 111.66, as reported by MUFG Bank.", "At the same time, our short-term valuation model estimate based on yield spreads is signalling that USD/JPY has not fully tracked the recent move higher in US rates."
Usd/jpy: 108.72 and 108.20 are key technical supports to look out for – DBS bank. According to FXStreet on Monday, 16 August, "Low momentum readings have USD/JPY consolidating before the key Jackson Hole risk event. "
Usd/jpy extends slide, closes in on 109.00 on falling US t-bond yields. According to FXStreet on Monday, 16 August, "The USD/JPY pair stays under bearish pressure in the second half of the day on Monday and was last seen trading at 109.12, losing 0.4% on a daily basis.", "Although the benchmark 10-year US T-bond yield moved sideways during the European trading hours, it turned south in the American session and caused USD/JPY to stretch lower. "
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