AUD/USD slumps to near 0.6450 as progress in US-EU trade talks lifts US Dollar

  • The AUD/USD pair extends correction to near 0.6450 during North American trading hours on Tuesday from its six-month high of 0.6537 posted the previous day. The Aussie pair retraces as the US Dollar (USD) recovers strongly on easing trade tensions between the European Union (EU) and the United States (US).