The AUD/USD pair halted its five-day losing streak, trading around 0.6200 during European hours on Monday.
The pair gained as the US Dollar (USD) remained weaker amid thin trading ahead of the New Year holiday, while the US Treasury bond yields depreciated.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of six major currencies, is trading around 108.00, with the 2-year and 10-year yields on the US Treasury note at 4.30% and 4.59%, respectively.
Source: FXStreet
