Euro: ECB expectations support EUR against US Dollar – Scotiabank

Euro: ECB expectations support EUR against US Dollar – Scotiabank

Source: EODHD - https://www.fxstreet.com/news/euro-ecb-expectations-support-eur-against-us-dollar-scotiabank-202609081432
Published: Sep 08, 2026 10:32 AM

Scotiabank strategists Shaun Osborne and Eric Theoret report that the Euro (EUR) is little changed near the low 1.16s as markets await Thursday’s European Central Bank (ECB) meeting, where a 25 bps hike and a hawkish tone are anticipated.

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.