EUR/USD Stalls Near Multi-Week High, Struggling Below 1.0500
EUR/USD finds itself in a tight trading range below the 1.0500 mark, despite previously registering gains over the last four days. Currently, the pair oscillates within a narrow band, as traders assess the US Dollar’s weaknesses. The currency remains positioned near a three-week high. Market participants continuously evaluate the impact of broader economic developments on the Euro and Dollar movements.