EUR/USD Expected to Remain Range-Bound
The Euro or EUR is anticipated to maintain a range trading environment in the near term. Analysts from UOB Group forecast that it will likely fluctuate between the levels of 1.0480 and 1.0535. As we look further ahead, instead of rebounding, the EUR is predicted to trade within a range of 1.0430 to 1.0580. This suggests limited volatility, and traders should prepare for prices to remain steady within these boundaries for the foreseeable future.