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Crude Oil price today: WTI price neutral at European opening

West Texas Intermediate (WTI) Oil price is neutral on Tuesday, early in the European session. WTI trades at $65.66 per barrel, not far from its Monday close at $65.66.

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EUR/CAD Price Forecast: Crucial upside barrier emerges near 1.6000

The EUR/CAD cross loses ground to around 1.5925 during the early European session on Tuesday. A rebound in crude oil prices lifts the commodity-linked Loonie and acts as a headwind for the cross.

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FX option expiries for Aug 5 NY cut

FX option expiries for Aug 5 NY cut at 10:00 Eastern Time via DTCC can be found below.

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EUR/GBP ticks down to near 0.8700, BoE policy takes centre stage

The EUR/GBP pair edges lower to near the round level of 0.8700 during the late Asian trading session on Tuesday. The pair faces a slight selling pressure, while investors shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.

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USD/CHF strengthens to near 0.8100 amid US-Swiss trade tensions

The USD/CHF pair trades in positive territory around 0.8090 during the early European session on Tuesday. The Swiss Franc (CHF) softens against the Greenback after US President Donald Trump hit Switzerland with a shock 39% export tariff.

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EUR/JPY falls to near 170.00 as BoJ Meeting Minutes signal potential for rate hikes

EUR/JPY remains subdued for the third successive session, trading around 170.20 during the Asian hours on Tuesday.

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AUD/JPY Price Forecast: Bears await acceptance below 95.00; 200-day SMA breakdown in play

The AUD/JPY cross struggles to capitalize on its modest Asian session uptick and languishes near the 95.00 psychological mark, close to a nearly four-week low touched the previous day. Moreover, the technical setup suggests that the path of least resistance for spot prices is to the downside.

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India Gold price today: Gold steadies, according to FXStreet data

Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.

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USD/INR opens gap up as Trump threatens higher tariffs on India again

The Indian Rupee (INR) opens on a gap-down note against the US Dollar (USD) on Tuesday, sending the USD/INR pair to its all-time high of around 88.25. The Indian currency faces intense selling pressure as trade tensions between India and the United States (US) have escalated.

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Gold price bulls seem reluctant amid modest USD strength; downside seems cushioned

Gold price (XAU/USD) struggles to capitalize on a modest Asian session uptick and currently trades just below a nearly two-week high touched the previous day.

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GBP/USD holds steady above 1.3250 as investors brace for US ISM Services PMI release

The GBP/USD pair trades on a flat note near 1.3280 during the Asian trading hours on Tuesday. Nonetheless, rising odds of Federal Reserve (Fed) rate cuts could weigh on the US Dollar (USD) against the Cable.

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EUR/USD inches lower to near 1.1550 ahead of HCOB PMI data from Eurozone, Germany

EUR/USD extends its losses for the second consecutive day, trading around 1.1560 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) gains ground following traders' caution, driven by the latest global trade developments and shifting expectations for monetary policy.

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Silver Price Forecast: XAG/USD steadies near $37.50 amid growing odds of Fed rate cut

Silver price (XAG/USD) moves little after registering gains in the previous two sessions, trading around $37.50 per troy ounce during the Asian hours on Tuesday.

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Japanese Yen surrenders intraday gains; USD/JPY retakes 147.00 amid modest USD uptick

The Japanese Yen (JPY) touched a nearly two-week high against its American counterpart following the release of the June Bank of Japan (BoJ) meeting Minutes, which reaffirmed bets for an imminent interest rate hike by the year-end.

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NZD/USD remains weak near 0.5900 despite upbeat Chinese Services PMI data

The NZD/USD pair trades in negative territory near 0.5900 during the Asian trading hours on Tuesday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) despite the upbeat Chinese economic data.

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Australian Dollar remains subdued despite stronger China Services PMI

The Australian Dollar (AUD) loses ground for the second successive day despite the release of improved S&P Purchasing Managers' Index (PMI) data on Tuesday.

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China's Caixin Services PMI unexpectedly jumps to 52.6 in July vs. 50.2 expected

China's Services Purchasing Managers' Index (PMI) unexpectedly leaped to 52.6 in July from 50.6 in June, the latest data published by Caixin showed on Tuesday.

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US Dollar Index softens to below 99.00, US ISM Services PMI data in focus

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note around 98.70 during the early Asian session on Tuesday.

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PBOC sets USD/CNY reference rate at 7.1366 vs. 7.1395 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1366 as compared to the previous day's fix of 7.1395 and 7.1667 Reuters estimate.

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Japan's Akazawa says will focus on timing of presidential order on car tariff

Japanese Economy Minister and chief trade negotiator, Ryosei Akazawa, said on Tuesday that he will push the United States (US)  to give an order to take the auto tariff into effect as soon as possible.

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