(VIANEWS) – USD/EUR (USDEUR) is currently on bearish momentum. At 20:06 EST on Wednesday, 12 January, USD/EUR (USDEUR) is at 0.8737, 1.15% down since the last session’s close.
USD/EUR (USDEUR) Range
About USD/EUR’s daily highs and lows, it’s 0.671% down from its trailing 7 days low of $0.88 and 1.466% down from its trailing 7 days high of $0.89.
USD/EUR’s yearly highs and lows, it’s 7.176% up from its 52-week low and 2.249% down from its 52-week high.
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.03%, a negative 0.01%, and a positive 0.28%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.37% (last week), 0.29% (last month), and 0.28% (last quarter), respectively.
News about EUR/USD
- Eur/usd price analysis: still range bound near term. According to FXStreet on Monday, 10 January, "The broader negative outlook for EUR/USD is seen unchanged while below the key 200-day SMA at 1.1740."
- Eur/usd price analysis: stays on the defensive mode above 1.1300. According to FXStreet on Tuesday, 11 January, "It’s worth noting that the repeated failures on the way to 1.1400 keep EUR/USD bears hopeful despite the latest corrective bounce."
- Eur/usd: scope to drift further lower – MUFG. According to FXStreet on Monday, 10 January, "Their forecast is for EUR/USD to drop to 1.10 by the end for the first quarter and to recovery to 1.14 by the third quarter.", "While EUR/USD could hit 1.1000 or below over the coming months, more positive factors and ECB liquidity withdrawal should see EUR/USD rebound in H2 to our year-end target of 1.1600."
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