The Euro to US Dollar (EUR/USD) pair is expected to continue its decline towards the mid-1.10s, according to Scotiabank. The bank’s analysts believe that the pair may extend losses in the near future.
The EUR/USD pair has been facing downward pressure recently, with the Euro weakening against the US Dollar. Scotiabank forecasts that this trend is likely to continue, with the pair potentially reaching the mid-1.10s in the coming days.
Investors and traders should keep an eye on the EUR/USD pair’s movements, as it could provide valuable insights into the foreign exchange market. Stay tuned for updates on this developing situation.