Forex Today: US Dollar retreats from two-month high as Middle East tensions ease

Here is what you need to know on Tuesday, June 9:
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Australian Dollar picks up amid easing geopolitical tensions, bright data from China

The Australian Dollar (AUD) posts moderate gains against the US Dollar (USD) on Tuesday, regaining some of the ground lost last week, although it remains at its lowest level in nearly two months. News that Israel and Iran halted hostilities has triggered a mild relief rally.
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