Pound Sterling (GBP) is a little stronger on the session but, again, trends largely reflect the broader tone of the USD rather than any GBP-specific…
The Euro (EUR) is ending the week with another, solid daily gain on the US Dollar (USD). This is the EUR’s best weekly performance since…
The ECB policy decision this morning is less about the expected 25bps cut—it’s fully priced in—than how the policy outlook is communicated, Scotiabank’s Chief FX…
EUR bulls continued to catch markets offguard, rising by over 400pips in 4 days this week. A rare display of responsiveness and concerted willingness of…
The EUR advance has extended today as Germany’s fiscal reset promises massive spending increases on defence and infrastructure, Scotiabank’s Chief FX Strategist Shaun Osborne notes. …
The EUR is benefitting from the softer overall USD tone and market focus on the likelihood of increased European government (defence) spending to extend its…
Strong momentum indicates there is scope for Euro (EUR) to rally further vs US Dollar (USD); the significant resistance at 1.0530 could be just out…
Inflation data from France showed unchanged prices on the February month (versus expectations of a 0.2% rise), Scotiabank’s Chief FX Strategist Shaun Osborne notes. Trade/…
The EUR is flat on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Narrower spreads are supportive “Narrower spreads are providing some backing for…
Created on February 25, 2025 The Euro has gone back and forth during the course of the trading session on Monday, as we’re hanging around…