The post EUR outperforms modestly on firmer EZ GDP – Scotiabank appeared on BitcoinEthereumNews.com. Stronger than expected Q3 GDP from France (+0.5% Q/Q) helped lift Eurozone growth to a better–than-expected 0.2% in the quarter and 1.3% in the year, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. ECB is expected to hold “The data gave the EUR a mild lift ahead of this morning’s ECB policy decision, where a third consecutive hold is likely. President Lagarde may reaffirm that policy is in a ‘good place’ right now as policymakers assess developments, pointing to steady rates persisting for some time.” “Spot is holding with recent ranges but the heavy sell-off in the EUR from yesterday’s intraday high strengthens resistance in the 1.1665/70 zone and rather tilts risks towards a retest of support at 1.1580. Key support is 1.1540.” Source: https://www.fxstreet.com/news/eur-outperforms-modestly-on-firmer-ez-gdp-scotiabank-202510301304The post EUR outperforms modestly on firmer EZ GDP – Scotiabank appeared on BitcoinEthereumNews.com. Stronger than expected Q3 GDP from France (+0.5% Q/Q) helped lift Eurozone growth to a better–than-expected 0.2% in the quarter and 1.3% in the year, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. ECB is expected to hold “The data gave the EUR a mild lift ahead of this morning’s ECB policy decision, where a third consecutive hold is likely. President Lagarde may reaffirm that policy is in a ‘good place’ right now as policymakers assess developments, pointing to steady rates persisting for some time.” “Spot is holding with recent ranges but the heavy sell-off in the EUR from yesterday’s intraday high strengthens resistance in the 1.1665/70 zone and rather tilts risks towards a retest of support at 1.1580. Key support is 1.1540.” Source: https://www.fxstreet.com/news/eur-outperforms-modestly-on-firmer-ez-gdp-scotiabank-202510301304

EUR outperforms modestly on firmer EZ GDP – Scotiabank

By: BitcoinEthereumNews

2025/10/31 00:45

Stronger than expected Q3 GDP from France (+0.5% Q/Q) helped lift Eurozone growth to a better–than-expected 0.2% in the quarter and 1.3% in the year, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.

ECB is expected to hold

“The data gave the EUR a mild lift ahead of this morning’s ECB policy decision, where a third consecutive hold is likely. President Lagarde may reaffirm that policy is in a ‘good place’ right now as policymakers assess developments, pointing to steady rates persisting for some time.”

“Spot is holding with recent ranges but the heavy sell-off in the EUR from yesterday’s intraday high strengthens resistance in the 1.1665/70 zone and rather tilts risks towards a retest of support at 1.1580. Key support is 1.1540.”

Source: https://www.fxstreet.com/news/eur-outperforms-modestly-on-firmer-ez-gdp-scotiabank-202510301304

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