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Euro: Support firms with hawkish ECB pricing – Scotiabank

Published Sep 03, 2026 10:14 AM Last refreshed Sep 03, 2026 4:02 PM Source: EODHD Event Time: Sep 03, 2026 10:14 AM
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This market news item includes source data powered by EODHD.

Euro: Support firms with hawkish ECB pricing – Scotiabank

Source: EODHD - https://www.fxstreet.com/news/euro-support-firms-with-hawkish-ecb-pricing-scotiabank-202609031414
Published: Sep 03, 2026 10:14 AM

Scotiabank’s Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is higher against the US Dollar (USD), supported by strong euro area Producer Price Index (PPI) and firmer European Central Bank (ECB) rate expectations. Markets now price more than one 25bp hike by year-end.

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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