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USD/CHF falls as Swiss Franc gains on US-Switzerland trade optimism
USD/CHF declines on Tuesday to around 0.8020 at the time of writing, down 0.40% on the day, as the Swiss Franc (CHF) outperforms most of its peers. The Swiss currency benefits from rising optimism that the United States (US) and Switzerland will soon reach a trade agreement.

Gold Price Forecast: XAU/USD is pushing against $4,150 resistance area
Gold (XAU/USD) is trading higher for the third consecutive day on Tuesday, with bulls pushing against the $4,150 resistance area at the time of writing..

Gold steady as markets balance Fed rate cut hopes with easing US shutdown risk
Gold (XAU/USD) maintains its bullish tone on Tuesday, extending Monday's sharp advance as dovish Federal Reserve (Fed) expectations continue to underpin sentiment.

USD/CAD rises as US shutdown resolution boosts USD, firm CAD limits upside
USD/CAD advances toward 1.4030 on Tuesday at the time of writing, up 0.10% for the day. The move reflects growing optimism over an imminent resolution of the US government funding deadlock, while investors await fresh US employment data.

USD/JPY revisits almost nine-month high near 154.50 as Japanese Yen underperforms
The USD/JPY revisits 154.40 during the European trading session on Tuesday, the highest level seen in almost nine months. The pair demonstrates strength as the Japanese Yen (JPY) faces selling pressure amid receding hopes of more interest rate hikes by the Bank of Japan (BoJ) in the near term.

EUR/GBP holds above 0.8800, unfazed by weak German sentiment data
The Euro maintains a bid tone against the Pound, holding gains above 0.8800 for now.

Diverging demand for Gold in China in the first three quarters - Commerzbank
The China Gold Association published data on China's Gold demand in the first three quarters yesterday, with some delay, Commerzbank's commodity analyst Carsten Fritsch notes.

Gold price rises significantly at the beginning of the week - Commerzbank
The Gold price rose by up to 3.7% or $150 to $4,150 per troy ounce since yesterday's market opening, Commerzbank's commodity analyst Carsten Fritsch notes.

China's low imports ease pressure on the LNG market - Commerzbank
European Gas prices remain close to this year's low at just over EUR 31 per MWh, which is around 25% lower than a year ago, Commerzbank's commodity analyst Barbara Lambrecht notes.

China: Welcome relief in a long race - Standard Chartered
US-China trade truce is offering a welcomed relief. Markets expect a H2 slowdown and forecast 2025 growth at 4.9%; deflation pressure to linger, Standard Chartered's economists report.

USD/CNH: Likely to trade in a range between 7.1170 and 7.1290 - UOB Group
US Dollar (USD) is likely to trade in a range between 7.1170 and 7.1290. In the longer run, USD has likely entered a range-trading phase between 7.1120 and 7.1330, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/JPY: Further advance is not expected to reach the major resistance at 155.00 - UOB Group
US Dollar (USD) could test 154.45 against Japanese Yen (JPY); any further advance is not expected to reach the major resistance at 155.00. In the longer run, USD is likely to trade in a range for now, likely between 153.10 and 155.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

AUD/USD trims gains and nears 0.6500 on hesitant markets
The Australian Dollar is trading moderately lower against the US Dollar on Tuesday, retreating from Monday's highs at 0.6540, and reaching session lows at 0.6514 during the European morning session.

Silver rises near $51.00 amid dovish Fed expectations
Silver (XAG/USD) trades around $51.00 on Tuesday at the time of writing, up 0.90% for the day, extending its three-day winning streak. The metal benefits from growing speculation that the Federal Reserve (Fed) will continue its monetary easing cycle in December.

NZD/USD: Clear break above 0.5665 is unlikely - UOB Group
There is scope for New Zealand Dollar (NZD) to test 0.5665; a clear break above this level is unlikely. In the longer run, weakness in NZD has stabilized; for the time being, it is likely to trade in a range between 0.5605 and 0.5695, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/BRL falters below 50-DMA, retests 5.27 support - Société Générale
USD/BRL's early-October rebound stalled below the 50-day moving average at 5.37/5.40, signaling weak follow-through, Société Générale's FX analysts note.

AUD/USD: Further advance in AUD is likely limited to a test of 0.6560 - UOB Group
Any further advance in Australian Dollar (AUD) is likely limited to a test of 0.6560; the major resistance at 0.6580 is not expected to come under threat.

EUR/GBP extends breakout above multi-month range - Société Générale
EUR/GBP has continued higher after breaking out of its multi-month consolidation in October, setting an interim peak near 0.8820, Société Générale's FX analysts note.

GBP/USD: Likely to edge higher within a range of 1.3065/1.3230 - UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3130 and 1.3190. In the longer run, GBP is likely to edge higher within a range of 1.3065/1.3230, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

CNY: Mildly appreciating - Commerzbank
The PBoC would prefer to see an appreciating yuan to help promote the internationalization of the currency.
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