EUR quiet and tentatively extending last week’s bullish reversal – Scotiabank
The Euro (EUR) is trading quietly in the mid/upper 1.15s as it tentatively extends last week’s bullish reversal.

The Euro (EUR) is trading quietly in the mid/upper 1.15s as it tentatively extends last week’s bullish reversal.

ECB comments nudge rate expectations higher

"Data releases have been limited to the final German CPI print for October, remaining unchanged from the preliminary at 2.3% y/y. The latest comments from the ECB’s Schnabel have reaffirmed the central bank’s neutral bias while signaling concerns about upside risks to inflation."

"These comments have supported euro area rate expectations, lifting year-end 2026 rates to 2% – a fresh local high. Interest rate differentials are once again pushing higher, offering the EUR a fundamental lift."

"The EUR is tentatively extending last week’s recovery and threatening fresh local highs back above 1.16. The recovery in the RSI is confirming the moves in spot, and currently hovering around the neutral threshold at 50. Near-term resistance is limited ahead of the 50 day MA (1.1662) and we look to a nearterm range between 1.1550 and 1.1650."

FXStreet
Trade The World
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
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

Galugarin ang Higit pang mga Tool
Trading Academy
Mag-browse ng malawakang hanay ng mga educational na artikulo na sumasaklaw sa mga trading strategy, market insights, at financial fundamentals, lahat sa isang lugar.
Matuto pa
Mga Kurso
Galugarin ang mga structured na trading course na idinisenyo upang suportahan ang inyong paglago sa bawat yugto ng inyong trading journey.
Matuto pa
Webinar
Sumali sa mga live at on-demand na webinar upang makakuha ng real-time na market insights at trading strategies mula sa mga eksperto sa industriya.
Matuto pa