EUR/USD Steady as Dollar Remains Tepid at Month-End

EUR/USD traded in a narrow range during the European session as the dollar showed tepid performance ahead of month-end flows. US futures pointed higher, suggesting risk-on sentiment that typically weighs on the safe-haven dollar. The pair held near 1.0850 levels with limited directional momentum as traders positioned for month-end rebalancing and awaited fresh catalysts. European markets showed modest gains while dollar strength remained subdued across major pairs. Month-end flows often create temporary distortions in currency markets as portfolio managers rebalance positions. Technical analysis shows EUR/USD consolidating between 1.0830 support and 1.0870 resistance. A break above resistance could target 1.0900, while failure to hold support might see a retest of 1.0800. Traders are awaiting this week's key economic data, including US employment figures, for clearer directional signals.