Monex Europe analysts said in a report that due to poor Eurozone data this week and poor liquidity due to holidays, EUR/USD is likely to remain range-bound on Monday. They said: “In the absence of a new catalyst, we expect the euro to continue trading around its current level, mainly affected by overall market sentiment. “The euro rose 0.2% to $1.1732.

Monex Europe analysts said in a report that due to poor Eurozone data this week and poor liquidity due to holidays, EUR/USD is likely to remain range-bound on Monday. They said: “In the absence of a new catalyst, we expect the euro to continue trading around its current level, mainly affected by overall market sentiment. “The euro rose 0.2% to $1.1732.