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Eurozone services disinflation continues - ABN AMRO

Headline HICP inflation surprised modestly to the upside in July, holding steady at the ECB's 2% target, against our and consensus expectations for a move lower to 1.9%, ABN AMRO's economist Bill Diviney reports.

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EUR/GBP dips as traders reposition ahead of BoE interest rate decision

The Euro (EUR) edges lower against the British Pound (GBP) on Monday, with the Pound trading on a firmer footing across the board, as traders reposition ahead of the Bank of England's (BoE) monetary policy decision due Thursday, August 7.

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Gold steadies as US Dollar stabilizes, dovish Fed bets rise after soft NFP report

Gold (XAU/USD) kicks off the week on a cautious note, trading flat on Monday, as the US Dollar (USD) stabilizes in the aftermath of Friday's disappointing Nonfarm Payrolls (NFP) report.

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USD/CNH: Any decline might not be able to reach 7.1750 - UOB Group

US Dollar (USD) could edge lower against Chinese Yen (CNH), but any decline might not be able to reach 7.1750. In the longer run, USD appears to have moved into a 7.1600/7.2240 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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USD/JPY: Sharp drop in USD has scope to extend - UOB Group

Further US Dollar (USD) weakness seems likely against Japanese Yen (JPY); it remains to be seen whether it can reach 146.60. In the longer run, sharp drop in USD has scope to extend, but any decline may not break below 145.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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USD/CAD remains pinned below 1.3800 with hopes of Fed cuts limiting upside attempts

The Canadian Dollar keeps most of the ground it gained on Friday as the US Dollar Index fell about 0.8% as US employment data revealed that job growth increased much less than expected, and data from previous months was revised sharply lower.July's US Nonfarm Payrolls report crushed the view of a re

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NZD/USD: Any advance is likely part of a higher range of 0.5885/0.5935 - UOB Group

Scope for New Zealand Dollar (NZD) to rise further, but any advance is likely part of a higher range of 0.5885/0.5935. In the longer run, slowdown in momentum indicates that the odds of NZD reaching 0.5845 are low, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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China: Playbook to reflate the economy - Standard Chartered

Protracted price decline in China has increased the risk of deflation mindset becoming entrenched. Policy makers have stepped up efforts to expand effective demand; zero rate and QE not on the agenda.

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AUD/USD: Likely to trade in a sideways range of 0.6430/0.6495 - UOB Group

Australian Dollar (AUD) is likely to trade in a sideways range of 0.6430/0.6495. In the longer run, downward momentum is slowing; a breach of 0.6520 would indicate that AUD is not breaking below 0.6405.

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USD recovery remains fragile as tariffs and economic risks mount - BBH

US Dollar (USD) and Treasury yields are steady just above Friday's lows while US equity futures point to a modest rebound. Any USD recovery looks fragile in our view, and the broader downtrend should reassert itself, BBH FX analysts report.

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Global PMIs: July decline led by the US - Standard Chartered

Broad-based contraction across sectors in July; all sub-indices were lower than in June. Sharp decline in the US dragged down the aggregate amid reduced tariff-related inventory building.

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Full broadside against the USD - Commerzbank

For all those who thought it wouldn't turn out so badly and had recently traded the dollar stronger for it, Friday brought a rude awakening: The latest US jobs report showed that employment growth has dramatically slowed down.

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Gold Price Forecast: XAU/USD returns above 20-day EMA as Fed dovish bets soar

Gold price (XAU/USD) clings to gains near Friday's high around $3,350 during the European trading session on Monday.

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USD: Fed back in focus this week - ING

Friday's soft jobs report knocked the stuffing out of the dollar's rally. Investors now attach an 80% probability to a 25bp rate cut from the Federal Reserve in September, ING's FX analyst Chris Turner notes.

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GBP/USD: Expected to trade in a range between 1.3220 and 1.3320 - UOB Group

Pound Sterling (GBP) is expected to trade in a range between 1.3220 and 1.3320. In the longer run, the likelihood of GBP breaking clearly below 1.3140 has diminished considerably, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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GBP: More consolidation likely - ING

The Bank of England's MPC meeting this Thursday might not prompt a major reassessment of the pace of the easing cycle, ING's FX analyst Chris Turner notes.

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Silver Price Forecast: XAG/USD returns above $37.00 with the bearish trend intact

Silver (XAG/USD) is drawing support from a depressed US Dollar and the recent decline in US Treasury yields to regain the $37.00 level, but the immediate trend remains bearish with the recent trend of lower highs and lower lows still intact.The precious metal bounced up from multi-week lows at $36.2

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 USD/JPY recovery remains limited below 148.00 with hopes of Fed cuts weighing

The US Dollar is posting moderate gains against the Japanese Yen on Monday, but remains limited below the 148.00 levels, and far below Friday's highs near 151.00. Higher bets that the Fed will cut rates further in the next months are weighing on the US Dollar's recovery.

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AUD/USD rises to near 0.6480 as accelerating Fed dovish bets weigh on US Dollar

The AUD/USD pair moves higher to near 0.6480 during the European trading session on Monday.

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Copper drops after Trump's tariff surprise - ING

LME Copper was down 1.4%, while prices on the Comex exchange plunged more than 20% last week after President Trump's decision to exempt refined forms of the metal from fresh US import tariffs, ING's commodity experts Ewa Manthey and Warren Patterson note.

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