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EUR/USD trades softer below 1.10. Economists at Scotiabank analyze the pair’s outlook.
Tight labour markets risk keeping wage growth elevated and ECB policymakers will have to stay on their toes for the foreseeable future. It remains too soon to sound the all-clear on ECB rate hikes, even if the bar to more tightening is a little higher after last week’s decision.
The EUR looks soft below 1.10 and, after a couple of tests and failures at 1.1045/50 over the past few sessions, losses back under the figure area have tilted risks towards some drift – but perhaps not that much.
Support is 1.0950. Resistance is 1.1010/15.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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