EUR/USD: Regaining 1.10+ would add to positive, short-term momentum – Scotiabank EURUSD Banks
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EUR/USD Outlook: Limited Losses Expected, says ScotiabankScotiabank economists analyze the outlook for EUR/USD, stating that while the pair looks soft, the potential for losses should remain relatively limited. They note that trend and moving average supports are converging in the mid-1.09 area.
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EUR/USD Price Analysis: Next target emerges at 1.1150EUR/USD trims earlier losses and now flirts once again with the key 1.1000 region on Monday. Further gains in the pair should meet the next hurdle at
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EUR/USD still faces further consolidation near term – UOBUOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang expect EUR/USD to trade within a consolidative range for the time being. Yesterday, EUR traded in a relatively quiet manner between 1.0864 and 1.1017 before ending the day little changed at 1.1002 (-0.07%).
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EUR/USD struggles to regain the 1.1000 barrier, EU/US inflation data eyedThe EUR/USD pair struggles to gain momentum and holds below the 1.1000 barrier on Tuesday. The major pair remains under pressure as investors worry about EU/US inflation data.
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EUR/USD unlikely to drift away from a 1.09-1.11 range this month – INGEUR/USD dropped below the 1.10 mark. But the pair is set to remain between 1.09 and 1.11 levels, in the opinion of economists at ING.
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