(generally of market prices) not straying outside a particular range.
the euro remained rangebound, faltering again in its attempt to regain recent highs
Example sentencesExamples
‘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.
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.
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.
Definition of rangebound in US English:
rangebound
adjectiveˈrān(d)ZHˌbound
(generally of market prices) not straying outside a particular range.
the euro remained rangebound, faltering again in its attempt to regain recent highs
Example sentencesExamples
‘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.
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.
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.