(VIANEWS) – USD/EUR (USDEUR) is currently on bearish momentum. At 11:06 EST on Friday, 7 January, USD/EUR (USDEUR) is at 0.8805, 0.5085% down since the last session’s close.

USD/EUR (USDEUR) Range

About USD/EUR’s daily highs and lows, it’s 0.238% down from its trailing 24 hours low of $0.88 and 0.632% down from its trailing 24 hours high of $0.89.

USD/EUR’s yearly highs and lows, it’s 8.143% up from its 52-week low and 1.488% down from its 52-week high.

Volatility

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 rebound pokes 1.1300 on softer yields ahead of US adp, FOMC minutes. According to FXStreet on Wednesday, 5 January, "That said, the EUR/USD pair’s near-term momentum depends upon the US data and Federal Open MarketCommittee (FOMC)Meeting Minutes. ", "Other than the data, receding US inflation expectations and mixed comments from Minneapolis Fed President and 2022 voting FOMC member Neil Kashkari also challenge EUR/USD bears."
  • Eur/usd clings to gains above 1.1300, looks to US data. According to FXStreet on Tuesday, 4 January, "The single currency looks to leave behind the pessimism seen at the beginning of the year and now pushes EUR/USD back above the 1.1300 mark, recording modest gains so far on Tuesday.", "Following Monday’s moderate pullback, EUR/USD attempts to regain some upside traction in response to the lack of direction in the US dollar and the steady performance of yields on both sides of the Atlantic."
  • Eur/usd regains 1.1300 as yields step back from six-week high. According to FXStreet on Tuesday, 4 January, "Both these catalysts weigh bond prices and fuel yields, which in turn favor EUR/USD bears.", "In addition to the US ISM Manufacturing PMI, German Retail Sales for November, expected -0.5% MoM versus -0.3% prior, will also direct short-term EUR/USD moves. "
  • Eur/usd to have a tough time as euro fails to attract investors. According to FXStreet on Wednesday, 5 January, "In case the benchmark 10-year US T-bond yield climbs above 1.7% on a hawkish Fed outlook, we could see EUR/USD turning south in the second half of the day. ", "With a daily close below that level, EUR/USD could target 1.1240 (static level) on the downside before testing 1.1200 (psychological level)."

More news about USD/EUR (USDEUR).

LEAVE A REPLY

Please enter your comment!
Please enter your name here