The Euro (EUR) is forecasted to consolidate its trading range between 1.1305 and 1.1375 against the US Dollar (USD). UOB Group’s FX analysts Quek Ser Leang and Peter Chia emphasize that while upward momentum is weakening, the EUR is expected to oscillate within a range of 1.1255 and 1.1420 for the foreseeable future. This trend indicates a cautious market outlook amidst diverse economic signals. Traders should focus on this consolidation phase, as it may create opportunities for entry and exit points within defined limits. Awareness of external factors that could influence this range will be essential as market volatility persists.