The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Monday, retracing its recent gains from the previous session.
EUR/USD edges lower after registering gains in the previous session, trading around 1.1620 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) holds steady, as traders adopt caution due to renewed trade tensions ahead of the US tariff deadline on August 1.
The GBP/USD rises on Friday during the North American session, up by 0.21% amid a scarce economic docket in both sides of the Atlantic. Soft data announced in the United States (US) slightly boosted the Greenback, though the pair trades at 1.3442 after hitting a daily low of 1.3406.