EUR/USD to remain trapped in a tight trading range - David Rodríguez

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Łódź) - David Rodríguez, quantitative analyst for DailyFX.com, suggests that due to the current extremely low volatility EUR will remain stuck in a tight trading range against the USD.

Key quotes



"The operative range remains $1.3575-$1.3700, and until we start seeing bigger moves out of financial markets I expect that to hold."



"Possible catalysts for such a spike could be almost anything, but with the Euro and Dollar I’d look first to the ECB and Federal Reserve."



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