Euro: Bullish momentum eyes mid‑1.17s against US Dollar – Scotiabank

Published Aug 17, 2026 10:11 AM Last refreshed Aug 17, 2026 11:00 AM Source: EODHD Event Time: Aug 17, 2026 10:11 AM

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Euro: Bullish momentum eyes mid‑1.17s against US Dollar – Scotiabank

Source: EODHD - https://www.fxstreet.com/news/euro-bullish-momentum-eyes-mid-117s-against-us-dollar-scotiabank-202608171411
Published: Aug 17, 2026 10:11 AM

Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is firming as Eurozone economic resilience and narrowing yield spreads versus the US support EUR/USD.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.

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