The euro could stay stuck in a range against the dollar over the summer as there doesn't appear to be any major drivers to move it, Commerzbank's Volkmar Baur says in a note. The European Central Bank looks set to keep interest rates unchanged in July while at the same time making it clear that another rate rise is possible but not certain, he says. The Federal Reserve is also likely to leave rates steady while providing few clues on future policy, he says. However, the ECB could raise rates in September while the Fed refrains from tightening, potentially providing support to the euro versus the dollar later in the year, he says. The euro falls 0.1% to $1.1426. (renae.dyer@wsj.com)