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EUR/USD holds near 1.1660 as Fed Minutes clash with Trump's pressure

EUR/USD advances steadily during the North American session as the Federal Reserve (Fed) unveils its latest Meeting Minutes. At the time of writing, the pair trades at around 1.1660 and clings to minimal gains of 0.13%.

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Forex Today: It's PMI-day!

The US Dollar (USD) ended another indecisive session trading near the top of its weekly range, as investors weighed the FOMC Minutes against fresh attacks from President Trump on the Federal Reserve, this time directed at Governor Lisa Cook.

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AUD/USD consolidates near three-week low as focus turns to Australia PMI preliminary release

The Australian Dollar (AUD) extends its decline for the third consecutive day against the US Dollar (USD) on Wednesday, touching a three-week low before steadying.

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Dow Jones Industrial Average stumbles after tech stocks take a fresh hit

The Dow Jones Industrial Average (DJIA) faced fresh bearish pressures on Wednesday, with the major equity index getting dragged lower in early trading as tech stocks saw further profit-taking.

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Gold price climbs as Trump threatens Fed independence

Gold prices are rising on Wednesday after US President Donald Trump continued to exert pressure on the Federal Reserve (Fed) as he demands Fed Governor Lisa Cook resign due to an investigation of mortgage fraud.

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Silver Price Forecast: XAG/USD rebounds from two-week low, Fed Minutes in focus

Silver (XAG/USD) stages a sharp recovery on Wednesday, snapping a four-day losing streak after sliding to its lowest level in over two weeks, since August 4.

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GBP/USD slides as Fed Governor Cook faces fraud allegations, UK inflation surges

GBP/USD tumbles during the North American session with traders shrugging off high inflation in the UK as the White House pressures Fed Governor Lisa Cook to step aside from the board. The pair trades at 1.3469, down 0.15%.

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EUR/USD steadies as Trump targets Fed's Cook, markets await FOMC Minutes

The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday, snapping a two-day losing streak, as the Greenback comes under pressure following renewed political tension surrounding the Federal Reserve (Fed).

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South Korea: BoK likely to stay on hold - Standard Chartered

BoK to hold the rate but it will be a close call for a cut. KTBs have been range-bound lately; a BoK terminal rate of c.2.15% is priced in for this cycle. KTB demand/supply dynamics are less favourable in the long end; CD seasonality turns negative.

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Canadian Dollar steadies as Fed Minutes and political tensions weigh on Greenback

The Canadian Dollar (CAD) steadies against the US Dollar (USD) on Wednesday, as political pressure on the Federal Reserve (Fed) drags the Greenback lower.

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Fed Minutes to offer clues on rate cut possibility amid uncertain tariff landscape

The Minutes of the United States (US) Federal Reserve's (Fed) July 29-30 monetary policy meeting will be published on Wednesday at 18:00 GMT.

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US President Trump calls on Fed Governor Cook to resign

In a post published on Truth Social on Wednesday, United States (US) President Donald Trump called on Federal Reserve Governor Lisa Cook to resign, providing a link to a Bloomberg article that is titled "Trump Ally Calls on Bondi to Probe Fed's Cook Over Mortgages." "The director of the Federal Housing Finance Agency is urging Attorney General Pam Bondi to investigate Federal Reserve Governor Lisa Cook over a pair of mortgages, the latest in a series of moves by the Trump administration to increase legal

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WTI Crude Oil range-bound as peace talks ease risks but supply concerns linger

West Texas Intermediate (WTI) Crude Oil is trading with a slightly firmer tone on Tuesday, trading near $62.40 per barrel, as traders reacted to signs of progress in peace talks between Russia and Ukraine.

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Gold recovers as US Dollar softens, markets eye Fed Minutes for policy clues

Gold (XAU/USD) is attempting a cautious rebound on Wednesday, trading around $3,330 during the European session after briefly falling to a three-week low of $3,311 in early Asian trade.

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Silver Price Forecast: XAG/USD slides to near $37 ahead of FOMC minutes, Jackson Hole Symposium

Silver price (XAG/USD) trades 0.6% lower to near $37.00 during the European trading session on Wednesday.

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USD/CHF remains capped below 0.8090 ahead of the FOMC Minutes

The US Dollar has been trapped within a 70-pip horizontal range against the Swiss Franc during the last week and remains trading without a clear direction on Wednesday after being rejected, again, at the 0.8090 area.

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JPY is still quiet and range bound - Scotiabank

The Japanese Yen (JPY) is up a modest 0.2% vs. the USD and outperforming all of its G10 peers with the exception of NOK, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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GBP is ignoring stronger than expected CPI as yield spreads support - Scotiabank

The Pound Sterling (GBP) is also entering Wednesday's NA session unchanged against the US Dollar (USD), recovering from early Asian session losses on the back of a stronger than expected CPI release, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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USD/CNH: Likely to trade in a range between 7.1800 and 7.1950 - UOB Group

US Dollar (USD) is likely to trade in a range between 7.1800 and 7.1950. In the longer run, USD is expected to trade in a range of 7.1730/7.2000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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EUR is trading flat for now - Scotiabank

The Euro (EUR) is entering Wednesday's NA session unchanged against the US Dollar (USD) as it extends its recent consolidation with ongoing congestion around 1.1650, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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