The EUR/USD pair remains locked in a tight range around 1.0500, reflecting ongoing market hesitation as investors await clearer economic signals. With limited volatility, traders are closely monitoring developments in the U.S. Federal Reserve’s monetary policy and the European Central Bank’s stance on inflation. The lack of decisive movement underscores uncertainty in the currency market, even as global factors such as slowing growth and geopolitical tensions weigh on sentiment.
Economic indicators from both sides of the Atlantic continue to influence the pair’s movement. U.S. inflation data and European industrial production figures are critical to shaping expectations. However, without significant catalysts, EUR/USD may extend its consolidative phase, leaving traders in a wait-and-see mode for the rest of the week.
