EURUSD looks somewhat fragile again – Scotiabank EURUSD Banks Equities
EURUSD slides below parity. The Euro looks vulnerable again, in the view of economists at Scotiabank.“Ironically, the recent gains in spot have perhaps been getting some support from relatively better equity market returns in Europe versus North America which has seen better relative investor interest in FX unhedged European equity ETFs, data suggests. Investors want exposure to European“Intraday patterns – very tentatively – suggest some better EUR demand is emerging in the mid-0.
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