rangebound
बाधित सीमा
definition
adjective
the euro remained rangebound, faltering again in its attempt to regain recent highs
(generally of market prices) not straying outside a particular range.
example
The Canadian dollar is marginally higher in continued narrow, 'rangebound' trading early Monday, though the currency is generally seen as retaining a defensive bias following last week's move to the weaker extremes of its trading range.
Bangkok share prices closed little changed, with the market 'rangebound' as investors watched developments in oil prices and Hurricane Rita's progress toward major US energy facilities in Texas.
‘As such, the market should be able to break out of the 'rangebound' consolidation and head for a sustainable upswing after the uncertainty over Saturday's polls is out of the way,’ he said.
Credits: Google Translate
