EUR/USD Expected to Range Between 1.0395 and 1.0455
The Euro (EUR) is projected to trade between the ranges of 1.0395 and 1.0455 against the US Dollar (USD). The market is observing that EUR has fallen into a trading phase between 1.0350 and 1.0500. UOB Group analysts state that this established trading range demonstrates the Euro’s relative stability amidst fluctuating economic conditions. As currency traders analyze market movements, they will keep a close eye on any developments that might influence the EUR’s performance in the near term.