(VIANEWS) – USD/EUR (USDEUR) is currently on bullish momentum. At 15:11 EST on Sunday, 7 August, USD/EUR (USDEUR) is at 0.9818, 0.6355% up since the last session’s close.
USD/EUR (USDEUR) Range
Concerning USD/EUR’s daily highs and lows, it’s 0.677% up from its trailing 24 hours low of $0.98 and 0.605% up from its trailing 24 hours high of $0.98.
USD/EUR’s yearly highs and lows, it’s 16.909% up from its 52-week low and 2.279% down from its 52-week high.
USD/EUR’s last week, last month’s, and last quarter’s current intraday variation average was 0.04%, 0.09%, and 0.51%, respectively.
USD/EUR’s highest amplitude of average volatility was 0.73% (last week), 0.54% (last month), and 0.51% (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 USD/JPY
- Usd/jpy holds comfortably above 133.00 mark, upside seems capped as traders await NFP. According to FXStreet on Friday, 5 August, "The popularly known NFP report will influence the USD price dynamics and provide a fresh directional impetus to the USD/JPY pair.", "Apart from this, a modest pickup in the US dollar demand turns out to be a key factor lending support to the USD/JPY pair."
- Usd/jpy seesaws below 134.00 as options expiries restrict moves ahead of US NFP. According to FXStreet on Thursday, 4 August, "Although the 100-DMA level of 130.55 appears a tough nut to crack for the USD/JPY bears, recovery remains elusive unless the quote rises past the late July swing high near 137.50.", "It should be noted that Reuters quotes the heavy USD/JPY option expiries around 134.25 to suggest an upside cap for the yen pair. "
- Usd/jpy regains 133.00 as firmer yields battle recession woes, China-linked fears ahead of US NFP. According to FXStreet on Friday, 5 August, "Looking forward, USD/JPY traders should pay attention to the risk catalysts and yields ahead of the US Nonfarm Payrolls (NFP) for July, expected 250K versus 372K prior, for clear directions."
- Usd/jpy retakes 134.00 mark and beyond, eyes weekly high set on Wednesday. According to FXStreet on Thursday, 4 August, "A big divergence in the monetary policy stance adopted by the Federal Reserve and the Bank of Japan continues to weigh on the Japanese yen, which, in turn, acts as a tailwind for the USD/JPY pair. ", "Thursday’s key focus would remain on the Bank of England monetary policy decision, which could infuse some volatility in the markets and provide some impetus to the USD/JPY pair. "
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