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Euro: Bullish reversal builds above support – Scotiabank

FXStreetFrance

Euro: Bullish reversal builds above support – Scotiabank

Scotiabank’s Global FX Strategy team notes EUR/USD is supported by modest narrowing in front-end Eurozone–US spreads following dovish-leaning comments from Fed Chair Warsh. French OAT/Bund spreads remain wide but are seen as a limited driver for the Euro.

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