The EUR/USD currency pair is expected to trade within a narrow range, specifically between 1.1625 and 1.1660, according to analysts from UOB Group. This outlook reflects a period of consolidation for the euro (EUR) against the US dollar (USD), as traders navigate market factors affecting the exchange rate.
In the longer term, UOB Group analysts Quek Ser Leang and Peter Chia suggest that the EUR could continue to consolidate within a broader range of 1.1600 to 1.1700. The stability in this range indicates a careful balance between economic indicators and geopolitical developments, which will influence trading strategies in the forex market.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 08:56
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.