AUDUSD stays defensive near 0.6575 after posting a gradual three-day rebound from the lowest level since early June. The Aussie pair witnessed a sluggish start to the key week amid an absence of major data/events, as well as mixed concerns about the US Federal Reserve’s (Fed) next move. EURUSD treads water around 1.1000 amid the early hours of Tuesday’s Asian session, after probing a two-day uptrend the previous day. The US Dollar’s inability to defend the week-start gains contrasts with the recession fears from the bloc to trouble the Euro traders. Gold stays depressed around $1,935 after beginning the trading week with mild losses. The XAUUSD manages to keep the bears on board amid technical breakdown, as well as the firmer prints of the United States Treasury bond yields, despite a sluggish US Dollar ahead of this week’s inflation data from the US and China.