EUR/USD: Weakness from a week ago has stabilized – UOB Group

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Euro (EUR) is likely to trade in a 1.1525/1.1580 range. In the longer run, weakness from a week ago has stabilized; EUR is likely to trade in a range of 1.1485/1.1610 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.