The EUR/USD has been trading within a range of 1.06 to 1.10 throughout this year, according to Rabobank. The currency pair has been stuck in this range, showing little movement beyond these levels. This stability in the exchange rate indicates a lack of significant fluctuations in the market. Traders and investors have been closely monitoring this range as it has provided a clear boundary for the EUR/USD’s movements. As the year progresses, it will be important to watch for any potential breakout above or below this range, which could signal a shift in market sentiment.
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