Daily Market Updates: Euro: Key support at 1.1113 in focus against US Dollar

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Euro: Key support at 1.1113 in focus against US Dollar – Scotiabank

Reported · Written up by our desk · Major Pairs

Scotiabank strategists Shaun Osborne and Eric Theoret highlight Euro (EUR) weakness versus the stronger US Dollar (USD), driven by French bond underperformance and poor confidence data. They note EUR/USD is trading below minor support, with key support at 1.1113 now exposed.

Latest closeEUR/USD 1.118 ▼0.4%

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FXStreetEuro: Key support at 1.1113 in focus against US Dollar – Scotiabank

Forex

Euro: Key support at 1.1113 in focus against US Dollar – Scotiabank

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