Trade The World
EUR soft and hitting fresh local lows around 1.15 – Scotiabank
Par FXStreet Insights Team
Date de publication: 4 Nov 2025 | Date de modification: 4 Nov 2025
POPULAR ARTICLES
The Euro (EUR) is soft, down a modest 0.2% against the US Dollar (USD) and a mid-performer against all of the G10 currencies, hitting fresh local lows around 1.15 in an environment of renewed USD strength.
The Euro (EUR) is soft, down a modest 0.2% against the US Dollar (USD) and a mid-performer against all of the G10 currencies, hitting fresh local lows around 1.15 in an environment of renewed USD strength. Fundamental releases have been limited, and comments from the ECB have remained neutral, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Spreads a dominant driver
"The EUR’s correlation to spreads has recovered and suggests a fundamentally-driven market environment with a focus on the outlook for relative central bank policy. Last week’s hawkish Fed cut eroded some of the EUR’s support however the 2Y US-Germany yield spread remains bound within its recent range."
"Momentum is bearish with an RSI drifting slowly toward the oversold threshold at 30. The EUR is hitting fresh local lows around 1.15 and its flat range from June offers little ahead of the lower bound just below 1.14. We look to a near-term range bound between 1.1450 and 1.1550."
FXStreet
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Read More
