EUR/USD STAYS DEFENSIVE BELOW 1.0500 AMID LIGHT TRADING

EUR/USD STAYS DEFENSIVE BELOW 1.0500 AMID LIGHT TRADING
EUR/USD STAYS DEFENSIVE BELOW 1.0500 AMID LIGHT TRADING

EUR/USD is not moving much and stays below 1.0500.

Trading is slow in the European session on Monday.

The US Dollar is weak, which helps limit EUR/USD losses.

Market mood is positive, supporting the pair.

Investors are waiting for central bank updates.

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