The Euro remains under pressure against the Dollar amid broader market risk aversion during early Asian trading.
EUR/USD held near 1.1750, extending daily losses as the US Dollar strengthened on growing risk aversion. The pair opened with a gap down and struggled to recover during Monday’s Asian session.
Prior to the session, the Euro had faced downward pressure, with the Dollar benefiting from safe-haven flows. No major economic data releases were cited as drivers for the move.
Market reaction remained muted, with traders monitoring broader risk sentiment for further direction.