The Euro (EUR) is showing slight gains against the US Dollar (USD), stabilizing after a recent pullback from late-December highs. As reported by Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret, the EUR/USD exchange rate has been consolidating, reflecting a more balanced tone in recent commentary from the European Central Bank (ECB).
This shift in sentiment comes as traders reassess their positions following the EUR's climb, which had seen it nearing key levels not observed since December. The current stability suggests a pause in bearish momentum, with market participants closely monitoring any further statements from the ECB that could influence the currency pair's trajectory in the near term.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-14 15:46
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.