(VIANEWS) – USD/EUR (USDEUR) is currently on bullish momentum. At 03:13 EST on Wednesday, 22 June, USD/EUR (USDEUR) is at 0.9547, 0.6112% up since the last session’s close.
USD/EUR (USDEUR) Range
Regarding USD/EUR’s daily highs and lows, it’s 0.664% up from its trailing 24 hours low of $0.95 and 0.59% up from its trailing 24 hours high of $0.95.
USD/EUR’s yearly highs and lows, it’s 14.322% up from its 52-week low and 1.17% down from its 52-week high.
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.18%, a positive 0.02%, and a positive 0.45%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.38% (last week), 0.48% (last month), and 0.45% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, USD/EUR’s Forex is considered to be overbought (>=80).
News about EUR/USD
- Eur/usd gains further poise above 1.0500, focus on lagarde. According to FXStreet on Monday, 20 June, "The selling bias in the greenback lends oxygen to the risk complex and lifts EUR/USD further north of the 1.0500 mark on Monday.", "However, EUR/USD is still far away from exiting the woods and it is expected to remain at the mercy of dollar dynamics, geopolitical concerns and the Fed-ECB divergence, while higher German yields, persistent elevated inflation in the euro area and a decent pace of the economic recovery in the region are also supportive of an improvement in the mood around the euro."
- Eur/usd forex signal: euro rebound likely ahead of lagarde speech – 20 June 2022. According to DailyForex on Monday, 20 June, "The EUR/USD pair declined after the Fed decided to continue hiking interest rates in a bid to fight inflation. ", "The EUR/USD pair is under pressure as European and American bonds continued having a sell-off. "
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