AUD/USD drops to 5-month low, EUR/GBP remains under pressure while EUR/USD tries to recover – IG Group

AUD/USD hits 5-month low, EUR/GBP still struggling, EUR/USD showing signs of recovery

The AUD/USD pair has dropped to a 5-month low, signaling a downward trend for the Australian dollar against the US dollar. Meanwhile, the EUR/GBP pair continues to face pressure, with the euro weakening against the British pound. On the other hand, the EUR/USD pair is attempting to bounce back from recent losses. Traders are closely watching these currency pairs for any further developments in the forex market.

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