EUR quiet ahead of ECB Thursday – Scotiabank
The Euro (EUR) is quietly consolidating in a tight range and entering Monday’s NA session unchanged from Friday’s close, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

The Euro (EUR) is quietly consolidating in a tight range and entering Monday’s NA session unchanged from Friday’s close, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

Markets appear calm in face of French vote

"All eyes are on this Thursday’s ECB and a hold is widely expected, but market participants will be looking to the statement and press conference tone as well as the forecast update."

"The outlook for relative central bank policy remains a core component of our bullish EUR forecast and yield spreads continue to move higher, offering considerable fundamental support. Near-term risk lies with the French confidence vote, however the impact of recent political turbulence looks to have softened over the past week or so."

"The EUR’s technicals are bullish following Friday’s break of descending resistance drawn from the July highs. The RSI is also in the mid/upper 50s, offering confirmation to the overall bullish picture. We see no major resistance ahead of 1.18 and look to a near-term range bound between 1.1680 and 1.1780."

FXStreet
Trade The World
Lebih dari satu juta pengguna mengandalkan FXStreet untuk data pasar real-time, alat charting, wawasan ahli, dan berita forex. Kalender ekonomi komprehensif dan webinar edukatif membantu trader tetap mendapat informasi dan membuat keputusan terukur. FXStreet memiliki sekitar 60 profesional yang tersebar antara kantor pusat Barcelona dan berbagai wilayah global.
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

Jelajahi Lebih Banyak Tools
Akademi Trading
Jelajahi berbagai artikel edukasi yang mencakup strategi trading, wawasan pasar, dan dasar-dasar keuangan, semua dalam satu tempat.
Pelajari Lebih Lanjut
Kursus
Jelajahi kursus trading terstruktur yang dirancang untuk mendukung pertumbuhan Anda di setiap tahap perjalanan trading Anda.
Pelajari Lebih Lanjut
Webinar
Ikuti webinar langsung dan on-demand untuk mendapatkan wawasan pasar real-time dan strategi trading dari para ahli industri.
Pelajari Lebih Lanjut