EUR/USD remained on the defensive for the fourth consecutive day on Thursday, extending its weekly bearish tone and slipping back to the mid-1.1500s, or nine-week lows.

Spot Gold retreated from the record high of $4,059.36 posted on Wednesday, and plunged below the $4,000 mark in the American session.

The Australian Dollar (AUD) lost traction on Thursday, weighed down by the persistent recovery of the US Dollar (USD). That said, spot broke back below the key 0.6600 level, reflecting a renewed push higher in the US Dollar Index (DXY), which climbed to fresh two-month highs above 99.00.

The EUR/USD pair consolidates weekly losses in an otherwise quiet Thursday, hovering around the 1.1600 level. The pair bottomed at 1.1598 on Wednesday, amid persistent US Dollar (USD) demand in a risk-averse environment.

Monero (XMR) is holding steady near $336.36 after another failed attempt to clear resistance around $342. The privacy coin remains trapped in a narrow range as buyers defend short-term support near $323, and sellers consistently fade rallies into the mid-$340s.

The US dollar initially did rally a bit during the early hours here on Wednesday but gave back those gains to show signs of life again. Ultimately, this is a market that I think is going to continue to be very noisy in general. But I also recognize that we have a situation where we…