AUD/USD tumbles to near 0.6500 as US Dollar gains on US-EU tariff deal approval

  • The AUD/USD pair is down almost 0.6% to near the psychological level of 0.6500 during the European trading session on Monday. The Aussie pair faces a sharp selling pressure as the demand of the US Dollar (US) has increased after the announcement of trade agreement between the United States (US) and the European Union (EU) over the weekend.