Definition of rangebound in English:

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rangebound

Pronunciation: /ˈrān(d)ZHˌbound/

Entry from US English dictionary

adjective

(Generally of market prices) not straying outside a particular range: the euro remained rangebound, faltering again in its attempt to regain recent highs
More example sentences
  • 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.
  • 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.

For editors and proofreaders

Syllabification: range·bound

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