Euro Trades Quietly Against US Dollar

Euro remains range-bound against the US Dollar The Euro is trading quietly against the US Dollar in a tight low-1.14 range. Short-term rates have stabilized after a hawkish repricing, supporting the Euro via yield. The limited reaction to stronger ZEW senti

Euro remains range-bound against the US Dollar

The Euro is trading quietly against the US Dollar in a tight low-1.14 range.

Short-term rates have stabilized after a hawkish repricing, supporting the Euro via yield.

The limited reaction to stronger ZEW sentiment data has also contributed to the current range-bound trading.

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