EUR/USD: Downside pressure to build on a clear daily close under 1.0680 – Scotiabank

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EUR/USD: Downside pressure to build on a clear daily close under 1.0680 – Scotiabank
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EUR/USD: Downside pressure to build on a clear daily close under 1.0680 – Scotiabank EURUSD Banks

EUR/USD has slipped somewhat intraday. A daily close below the 1.0680 mark would add downside pressure, economists at Scotiabank report.“EUR/USD drift from resistance around the 1.0700/10 area looks poised to extend a little more.”

“Look for intraday gains to remain limited and for downside pressure on spot to build on a clear daily close under 1.0680.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.

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