USD losses are steadying but major headwinds remain, economists at Scotiabank report. December is typically a weak month for the USD The big Dollar has recovered some ground overall so far today, reflecting modestly higher US Treasury yields and weaker Eurozone data. That does not mean there is much scope for a significant USD recovery, […]

EUR/USD losses have picked up through the European session. Economists at Scotiabank analyze the pair’s outlook. Additional losses through 1.09 would imply a little more downside risk The EUR/USD pair is trading nearly a cent off of Wednesday’s high but losses have not extended far enough at this point to put the short-term uptrend at […]