EUR/USD juggles below 1.0800 amid subdued USD, geopolitical tensions renew – by Sagar_Dua24 EURUSD Fed ECB Inflation Recession
AUD/USD buyers struggle to keep the reins around 0.6650 during Monday’s sluggish trading session, after a volatile week. In doing so, the Aussie pair licks its wounds after posting the weekly loss but lacks recovery momentum to extend the late Friday’s corrective bounce off a one-week low.USD/JPY is up 0.1% on the day and has traveled between 130.49 and 131.05 so far while the mood remains jittery after shares in Deutsche Bank fell 8.5% on Friday.
The precious metal extends the previous weekly losses, the first in four weeks, amid cautious optimism in the market, as well as due to the downbeat United States Treasury bond yields.Following his arrest in Montenegro while attempting to fly using fake documents, Terraform Labs co-founder Do Kwon will reportedly appeal the court’s decision to extend detention time for up to 30 days.
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