Euro: Recovery stalls near 1.1550 resistance against US Do...

Euro: Recovery stalls near 1.1550 resistance against US Dollar – Scotiabank

Published Aug 06, 2026 11:13 AM Last refreshed Aug 06, 2026 12:00 PM Source: EODHD Event Time: Aug 06, 2026 11:13 AM

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Euro: Recovery stalls near 1.1550 resistance against US Dollar – Scotiabank

Source: EODHD - https://www.fxstreet.com/news/euro-recovery-stalls-near-11550-resistance-against-us-dollar-scotiabank-202608061513
Published: Aug 06, 2026 11:13 AM

Scotiabank highlights that the Euro is slightly softer versus the Dollar after touching levels last seen in mid-June, with fundamentals still supportive as yield spreads turn. Spot has nearly converged with their fair value based on the 2-year Germany–US spread.

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.