Flash: EUR is lacking supportive factors - Scotiabank

FXstreet.com (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank notes yet further bearish factors for the Euro.

Key Quotes

"EUR is flat to Friday’s close after having falling and closing below the 100 day MA of 1.3568 on Friday. Moody’s decision to upgrade Ireland’s sovereign rating to Baa3/positive has done little to support EUR".

"Data releases have been limited today. C.S."