Flash: Strong Euro - Scotiabank

FXstreet.com (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted that the Euro has been strong.

Key Quotes:

"EUR is strong… and testing an upward break of its 50‐day MA. The combination of a drop in EONIA, which will ease near‐term pressure on the ECB, and stronger than expected European manufacturing PMIs (Germany’s rose to 56.3; while the Eurozone’s rose to 53.9) has supported EUR."