EUR/USD extends its slide on Tuesday, testing support near the 1.1600 level as the Euro came under renewed selling pressure alongside other risk-sensitive assets.

Spot Gold plunged on Tuesday amid a better market mood and resurgent US Dollar (USD) demand. The XAU/USD pair fell towards $4,080 before bouncing to the current $4,110 level, holding on to substantial losses in the American afternoon.

The Australian Dollar (AUD) lost its footing on Tuesday, snapping a two-day winning streak as AUD/USD slipped back below the 0.6500 mark.

Gold remains in a strong bullish trend near all-time highs, driven by safe-haven demand and global uncertainty, with traders eyeing a move toward $4,500.

The EUR/USD pair is correcting near key support zones around 1.1600, with Fibonacci levels and technical indicators pointing to a potential bullish rebound if support holds.

The Nasdaq 100 remains highly volatile near record highs, with bullish momentum showing little concern for ongoing government shutdown risks.