EUR consolidates in 1.16-1.17 range for now – Scotiabank
The Euro (EUR) is trading a little lower overall on the day but is holding a net gain on the week, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Euro (EUR) is trading a little lower overall on the day but is holding a net gain on the week, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

EUR drifts on the daily chart

"Markets may need a new impulse to extend EUR gains through the 1.17 peak reached this week and put the 1.18 zone within reach in the short run. Looking ahead, pressure on the Fed for easier monetary policy will weigh on the USD and prompt some additional narrowing in EZ/US spreads. Diversification away from the USD will add to bullish EUR momentum in the medium term."

"Spot is consolidating in a 1.16/1.17 range for the moment. Yesterday’s price action set a 'doji' candle on the daily chart which may indicate that EUR gains have stalled for now but positive trend momentum signals suggest limited scope for EUR losses to extend. Key support is 1.1590/00."

FXStreet
Trade The World
超過一百萬用戶依賴 FXStreet 獲取即時市場數據、圖表工具、專家洞見與外匯新聞。其全面的經濟日曆與教育網路研討會協助交易者保持資訊領先、做出審慎決策。FXStreet 擁有約 60 人的團隊,分布於巴塞隆納總部及全球各地。
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

探索更多工具
交易學院
瀏覽涵蓋交易策略、市場洞察和金融基礎知識的廣泛教育文章,一站式學習。
瞭解更多
課程
探索結構化的交易課程,旨在支持您在交易旅程的每個階段的成長。
瞭解更多
網絡研討會
參加現場和點播網絡研討會,從行業專家那裡獲得實時市場洞察和交易策略。
瞭解更多