The AUD/USD pair consolidates its recent losses above the mid-0.6300s during the early Asian session on Tuesday. Traders prefer to wait on the sidelin
EUR/USD slides further under 1.0500 as DXY rises above 107.00
EUR/USD continued to face downward pressure and dropped below 1.0780, reaching the lowest intraday level since December of last year. The pair remains under pressure as the US Dollar maintains firm support due to higher US yields and cautious market sentiment. The DXY rose above 107.00 for the first time since November.Spot Gold fell to a fresh multi-month low of $1,827.11 a troy ounce on Monday amid resurgent US Dollar demand.
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