Risk-on conditions, driven by good news on the vaccine front and the EU deal on a pandemic recovery fund, saw the Dollar under pressure in N.Y. on Tuesday, taking the DXY to four-plus month lows of 95.20, down from early highs of 95.80. Unwinding of safe-haven flows weighed on all the major USD pairings. Wall Street opened in the green, with the NASDAQ posting fresh record highs before turning lower on profit taking backed selling. Treasury yields were narrowly mixed.
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