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The euro rose 0.48% against the US dollar to $1.1193 on Monday, recovering more than half of Friday’s decline. Scotiabank described EUR/USD as range-bound, with support in the low $1.11s and resistance near $1.1275.
The exchange-rate move was driven by broad US dollar weakness, but the bank sees limited momentum and expects further range trading. The article signals no direct change to feed commodity supply or demand.
exchangerates.org.ukDave TaylorNov 9, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
