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Following a drop to multi-session lows near 1.0800, EUR/USD managed to stage a marked comeback, almost fully fading that initial knee-jerk and regaining the 1.0840 region on the back of the loss of upside traction in the US Dollar (USD) on Wednesday.
Mexican Peso edges lower against the US Dollar on Wednesday, posting modest losses ahead of the Bank of Mexico (Banxico) Q4 2023 report, which would update the view of monetary policy and projections.
Nio (NIO), a Chinese electric vehicle (EV) maker, started off on a better foot on Monday after the previous week's pullback.
The US Dollar (USD) trades with a mild negative bias during the Asian session on Tuesday and remains well within the striking distance of its lowest level since February 2 touched last week.
Gold price (XAU/USD) regains some positive traction following the previous day's modest pullback and holds steady above the $2,030 level during the Asian session on Tuesday.