The US dollar managed to recover some of its losses against the euro, Japanese yen, and Australian dollar in a short trading day. The EUR/USD, USD/JPY, and AUD/USD pairs all saw the US dollar clawing back some ground. The currency market saw some movement as traders closed out positions before the holiday break. The US dollar’s strength was evident as it made gains against its major counterparts. The short trading day limited the extent of the dollar’s recovery, but it was still a positive sign for the currency. The EUR/USD, USD/JPY, and AUD/USD pairs may see further movement in the coming days as traders return from the holiday break.
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