EUR/USD: Range Trading Endures Amidst ECB Anticipation - Scotiabank Insights

EUR/USD is expected to continue range trading, as noted by Scotiabank strategists Shaun Osborne and Eric Theoret, holding within a short-term channel. Market participants are keenly awaiting comments from ECB President Christine Lagarde for potential catalysts. Monetary policy divergence and technical patterns reinforce the current consolidation, favoring tactical, short-term trading strategies.