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fxJun 29, 2026, 2:41 PM

EUR/USD Range Trading Likely to Persist – Scotiabank

Scotiabank strategists note EUR/USD is trading within a short-term channel as markets await ECB President Lagarde's comments at the Sintra symposium, which historically has had limited impact on near-term price action.

EURUSD

Scotiabank strategists Shaun Osborne and Eric Theoret observed that EUR/USD is holding within a short-term channel. The market is awaiting remarks from ECB President Christine Lagarde at the Sintra symposium, though the event has historically had a limited impact on near-term price movements. The analysts suggest that range trading is likely to persist for the pair.

Source: FXStreet Forex News