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."



You May Also Like

COMPANIES IN THIS ARTICLE
Related Forex Analysis
  1. Forex News

    Weekly Trading Forecast: FOMC, GDP, Greece and Much More Ahead

  2. Forex News

    Trading Video: Sentiment, Dollar and Euro All At-Risk Next Week

  3. Forex News

    IBM, Google and Others Take an FX Revenue Hit in Q1

  4. Forex News

    Investors are eager to know when the Federal Reserve will act - FXStreet

  5. Forex News

    US data will likely delay Fed action- Rabobank

Trading Center