Euro holds losses around 1.1750 due to growing risk aversion
EUR/USD gains ground after opening at a gap-down, still holding daily losses near 1.1750 during the Asian hours on Monday. The pair remains in the negative territory as the US Dollar (USD) remains firm amid growing risk aversion.
The EUR/USD pair is likely to continue its downward trend as risk aversion persists, potentially testing lower support levels. The strength of the USD may further pressure the Euro.
EUR/USD gains ground after opening at a gap-down, still holding daily losses near 1.1750 during the Asian hours on Monday. The pair remains in the negative territory as the US Dollar (USD) remains firm amid growing risk aversion.
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