Trade The World
EUR extending consolidation around 1.17 – Scotiabank
Por FXStreet Insights Team
Data de Publicação: 19 Aug 2025 | Data de Modificação: 19 Aug 2025
POPULAR ARTICLES
The Euro (EUR) is up 0.2% against the US Dollar (USD) and outperforming most of the G10 currencies as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
The Euro (EUR) is up 0.2% against the US Dollar (USD) and outperforming most of the G10 currencies as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
ECB/Fed outlook offers support
"Fundamentals remain supportive for the EUR as markets fade their expectations for ECB easing while softening their outlook for the Fed’s rate path. Near-term risk centers on ECB President Lagarde’s speeches on Wednesday and Saturday, as well as the releases of final CPI figures (Wednesday) and preliminary PMI’s (Thursday)."
"We remain medium-term EUR bulls on the basis of fundamentals and specifically the outlook for relative central bank policy. The latest consolidation looks to be extending with congestion centered around 1.17 and near-term range support offered by the 50 day MA (1.1642)."
"The broader trend is bullish, given the sequence of higher highs and higher lows since February. We look to a near-term range bound between 1.1650 and 1.1750."
FXStreet
Mais de um milhão de usuários confiam na FXStreet para dados de mercado em tempo real, ferramentas de gráficos, insights de especialistas e notícias de Forex. Seu calendário econômico abrangente e webinars educacionais ajudam os traders a se manterem informados e tomarem decisões calculadas. A FXStreet conta com uma equipe de cerca de 60 profissionais, divididos entre a sede em Barcelona e diversas regiões globais.
Read More
