# Euro To US Dollar Forecast: EUR/USD Recovers More Than Half Of Friday's Loss

> 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.

- Date: 2026-11-09 · published 2026-11-09T18:08:47.548Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/89871-euro-to-us-dollar-forecast-eur-usd-recovers-more-than-half-of-friday-s-loss
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- EURUSD: bullish ▲

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/47719/2026-11-09-euro-to-us-dollar-forecast-eur-usd-recovers-more-than-half-of-friday-s-loss.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.