Forex markets quiet with Trump-Zelensky meeting as only event

Major forex pairs are experiencing minimal volatility in what analysts describe as a 'synthetic Sunday' trading environment, with no significant economic data releases scheduled. The day's only notable event is the Trump-Zelensky meeting in Washington, which will include participation from several European leaders. Market participants appear largely indifferent to potential developments regarding the Russia-Ukraine conflict, with trading volumes expected to remain subdued. Without key economic indicators or central bank communications to drive price action, major currency pairs are likely to trade within tight ranges. EUR/USD holds near recent levels around 1.0850, while USD/JPY consolidates above 150.00. Traders are positioning ahead of next week's economic calendar, which promises more substantial market-moving events. The absence of catalysts suggests range-bound conditions will persist through the session.