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Forex
Pound Sterling extends downside against US Dollar as Sino-US trade tensions recede
The Pound Sterling (GBP) extends its losing streak against the US Dollar (USD) for the third trading day on Tuesday. The GBP/USD pair slides further to near 1.3370 as the US Dollar…
Gold holds modest losses below all-time peak amid USD strength
Gold (XAU/USD) extends its intraday retracement slide from the vicinity of the all-time peak and slides below the $4,320 level heading into the European session on Tuesday, though…
XAG/USD trades lower near $52.00 due to receding safe-haven demand
Silver price (XAG/USD) is down 0.9% to near $51.90 during the late Asian trading session on Tuesday. The white metal faces selling pressure as rally in precious metals has halted…
Australian Dollar falls despite US-Australia deal
The Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday, losing its daily gains. However, the AUD/USD pair appreciated as the AUD received support from improved…
EUR/USD falls further to near 1.1630 ahead of ECB Lagarde’s speech
The EUR/USD pair extends its two-day downside move to near 1.1630 during the Asian trading session on Tuesday. The major currency pair faces selling pressure as the US Dollar (USD)…
Canadian Dollar weakens below 1.4050 ahead of Canadian CPI inflation release
The USD/CAD pair edges higher to near 1.4045 during the Asian trading hours on Tuesday. The Canadian Dollar (CAD) softens against the US Dollar (USD) on a decline in crude oil…
PBOC sets USD/CNY reference rate at 7.0930 vs. 7.0973 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0930 compared to the previous day's fix of 7.0973 and 7.1219 Reuters…
New Zealand Dollar gains traction to near 0.5750, US-China trade talks in focus
The NZD/USD pair attracts some buyers near 0.5740 during the early Asian session on Tuesday. Easing concerns over the US-China trade tensions provides some support to the…
XAU/USD climbs to near fresh record high above $4,350 amid broader uncertainty
Gold price (XAU/USD) holds positive ground around $4,370 after reaching a fresh record high near $4,380 during the early Asian session on Tuesday. Traders continue to assess the…
GBP/USD eases back as CPI inflation data looms
GBP/USD caught a second softly bearish session on Monday, colling back into touch range of the 1.3400 handle. Cable’s near-term bull run came to a quick end after price action ran…