{
  "id": 7338990,
  "title": "Euro: Support seen near 1.15 against US Dollar – Scotiabank",
  "url": "https://urgent.news/2026/09/14/euro-support-seen-near-1-15-against-us-dollar-scotiabank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T14:52:12.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-support-seen-near-115-against-us-dollar-scotiabank-202609141452"
  },
  "original_language": "en",
  "account": "Scotiabank strategists Shaun Osborne and Eric Theoret indicate that the Euro (EUR) is weaker, having declined about 0.5% against the US Dollar (USD). This trend is driven by risk aversion, which has fueled a broader strength in the USD. Based on yield spreads, the fair value of EUR is estimated to be near 1.1633. Currently, there is support around the 1.15 level, with limited near-term resistance before 1.1650. The European Central Bank (ECB) is becoming more hawkish due to rising energy prices, with Executive Board member Schnabel stating that the increase is \"quite concerning.\" However, there are few fundamental releases, and Tuesday's ZEW investor sentiment survey will be crucial for assessing industrial production. The EUR has weakened and is entering the Monday session with a 0.5% decline, ranking as a mid-performer among G10 currencies amid a backdrop of broad-based USD strength.",
  "summary": "Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is weaker, down about 0.5% versus the US Dollar (USD), as risk aversion supports broad USD strength. Yield spreads imply a fair value near 1.1633, while data have been light ahead of Tuesday’s ZEW survey.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Euro: ECB credibility may offer support against Dollar – DBS",
        "url": "https://urgent.news/2026/09/14/euro-ecb-credibility-may-offer-support-against-dollar-dbs",
        "published": "2026-09-14T13:35:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}