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EUR/CHF Bullish Momentum With A 1% Jump In The Last 10 Sessions

ViaNews Editorial Team

September 19, 2024

EUR/CHF Bullish Momentum With A 1% Jump In The Last 10 Sessions

(VIANEWS) - EUR/CHF (EURCHF) has been up by 1.28% for the last 10 sessions. At 13:06 EST on Thursday, 19 September, EUR/CHF (EURCHF) is $0.95.

EUR/CHF's yearly highs and lows, it's 4.751% up from its 52-week low and 4.743% down from its 52-week high.

Volatility

EUR/CHF's last week, last month's, and last quarter's current intraday variation average was a positive 0.07%, a negative 0.07%, and a positive 0.28%, respectively.

EUR/CHF's highest amplitude of average volatility was 0.12% (last week), 0.24% (last month), and 0.28% (last quarter), respectively.

News about

  • According to FXStreet on Thursday, 19 September, "The short-term rates picture continues to argue for a consolidation in the EUR/USD above 1.11, with some upside potential. ", "If it wasn't for the eurozone's soft growth picture, EUR/USD would probably be trading closer to 1.13, but the short-term call is closer to 1.12 for EUR/USD, ING's FX strategist Francesco Pesole notes."
  • Eur: fed cut May drive the next eur/usd move – ING. According to FXStreet on Wednesday, 18 September, "The transmission channels from the Fed cut to EUR/USD are the USD short-term rate impact first, and the equity reaction second. ", "In our base case (dovish 25bp cut), EUR/USD moves back below 1.110, but gradually recovers ground in the coming days. "
  • According to FXStreet on Tuesday, 17 September, "These comments somewhat seem to be supporting the Euro, driving EUR/USD 0.09% higher on the day at 1.1140, as of writing."
  • Eur/usd softens below 1.1150 as traders brace for US retail sales data. According to FXStreet on Tuesday, 17 September, "The EUR/USD pair trades on a softer note near 1.1125 amid the modest recovery in US Dollar (USD) during the Asian trading hours on Tuesday. "
  • Eur/usd gathers strength above 1.1100, eurozone inflation data and fed rate decision in focus. According to FXStreet on Wednesday, 18 September, "The EUR/USD pair trades on a stronger note around 1.1125 during the Asian trading hours on Wednesday. "

More news about EUR/CHF (EURCHF).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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