Forex Today: Year-end markets spin a tight circle ahead of midweek holiday

Markets are struggling to find a reason to move too much in either direction ahead of the New Year’s market closures, which will see most global exchanges shuttered during the middle of the trading week.
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AUD/USD languishes near recent lows

AUD/USD churned on Monday, aiming for higher ground but waffling back into the day’s opening bids near 0.6220 as holiday market volumes remain too thin to produce anything except jerky intraday movements that go nowhere.
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