Scotiabank: Euro Holds Steady Against the US Dollar
The Euro remains stable, consolidating between 1.1450 and 1.1550, supported by steady PMI figures and a temporary pause in bearish momentum. Political uncertainty across Europe continues to influence market sentiment.
Market Overview
According to Scotiabank, the Euro is maintaining stability against the US Dollar in the 1.14 range. Market conditions show modest volatility as traders assess broader macroeconomic indicators.
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Author’s Summary
The Euro’s exchange rate stays resilient within the 1.14 band, reflecting investor caution and balanced trading sentiment amid political and economic uncertainty.