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16 Oct 2026 · 09:10 GMT+3

Euro: Range-trading bias after sharp rebound against US Dollar – UOB

United Overseas Bank’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has rebounded strongly from 1.1112 to close at 1.1218, more than reversing the prior day’s losses. Short-term momentum looks overextended, with the pair expected to trade between 1.1180 and 1.1240 intraday.

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