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fxJul 7, 2026, 6:16 AM

EUR/USD Stuck in Summer Range Between 1.1350 and 1.1450 – Commerzbank

Commerzbank analyst Volkmar Baur reports EUR/USD has been trading in a narrow range of 1.1350 to 1.1450 since mid-June, with few catalysts expected to break the stalemate.

EURUSD

Commerzbank's Volkmar Baur observes that EUR/USD has remained confined to a tight range between 1.1350 and 1.1450 since mid-June. The pair lacks clear direction as market participants await fresh catalysts.

Baur notes that few significant drivers are anticipated in the near term, suggesting the range could persist. The bank's assessment points to a low-volatility summer environment for the euro-dollar exchange rate.

Source: FXStreet Forex News