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Australia Judo Bank Composite PMI down to 49.9 in July from previous 50.2

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Editors’ Picks

EUR/USD reverses to 1.0900 as risk-off mood intensifies


EUR/USD reverses to 1.0900 as risk-off mood intensifies

EUR/USD succumbs to broad risk-aversion early Monday, as US Dollar pauses decline amid the dour mood, weighing on the pair. The Greenback suffered earlier from the USD/JPY sell-off and increased bets for aggressive Fed rate cuts. ISM Services PMI and geopolitical updates in focus. 


EUR/USD News


Gold downside appears capped whilst above $2,410


Gold downside appears capped whilst above $2,410

Gold price remains on the defensive for the third day in a row, kicking off the week cautiously early Monday. Gold traders are now looking for more US economic data, including the ISM Services PMI due later Monday for fresh trading impetus.


Gold News


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