Euro: Decline nears support zone against US Dollar – Scotiabank

Euro: Decline nears support zone against US Dollar – Scotiabank

Source: EODHD - https://www.fxstreet.com/news/euro-decline-nears-support-zone-against-us-dollar-scotiabank-202609241721
Published: Sep 24, 2026 1:21 PM

Scotiabank strategists Shaun Osborne and Eric Theoret note the Euro (EUR) remains soft as front-end spreads widen and European Union (EU) concerns persist over a possible US diesel export ban, despite official denials.

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.