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EUR/USD has lost its traction having climbed toward 1.0750 earlier in the day but managed to stabilize above 1.0750. Mixed opening in Wall Street's main indexes following the consumer confidence data helps the US Dollar hold its ground and caps the pair's upside.

GBP/USD has erased a small portion of its daily rally in the early American session on Tuesday. Nevertheless, the pair clings to strong daily gains while holding above 1.2400 after the uninspiring consumer confidence data from the US. Markets keep a close eye on debt-limit headlines.

Gold price has reversed its direction and climbed toward $1,960 after having dropped below $1,940 in the early European morning. The benchmark 10-year US Treasury bond yield is down nearly 1% on the day below 3.8% following last week's rally, allowing XAU/USD to stay in positive territory.

Bitcoin price is inching towards the first monthly loss of 2023. At press time, BTC price is 4.4% below $29,233, its price on May 1. If BTC fails to regain lost ground, the asset is in for its first monthly loss of the year.

Tesla (TSLA) stock has overcome a major psychological barrier to start the week with shares overcoming the $200 level early Tuesday. A number of tailwinds are aiding the growth stock, which has gained 4.4% to $201.67 in the premarket.