AUD/USD has faced selling pressure near 0.6570

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The AUD/USD pair retreats from 0.6570 as the US Dollar Index (DXY) has recovered swiftly in the early New York session. The Aussie asset has faced pressure as the market mood has turned cautious amid uncertainty over Federal Reserve (Fed) rate cut bets. The S&P500 futures have surrendered majority of gains generated in the European […]