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GBP/JPY Price Forecast: Looks set to reclaim 200.00

The GBP/JPY pair trades almost flat around 198.60 during the late Asian trading session on Monday. The pair strives to extend its four-day winning streak, with investors awaiting the United Kingdom (UK) labor market data for three-months ending June, which is scheduled to be released on Tuesday.

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EUR/USD strengthens to above 1.1650 on ECB's cautious stance

The EUR/USD pair climbs to near 1.1675 during the early European session on Monday. The Euro (EUR) strengthens against the US Dollar (USD) due to a potential meeting between US President Donald Trump and Russian President Vladimir Putin on Friday to end sanctions.

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NZD/USD trades with negative bias around mid-0.5900s ahead of US-China tariff truce deadline

The NZD/USD pair ticks lower at the start of a new week and moves further away from over a one-week top touched on Friday, though it lacks follow-through selling. Spot prices currently trade around mid-0.5900s, down less than 0.10% for the day, amid mixed fundamental cues.

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USD/INR opens marginally higher on India Rupee's continued underperformance

The Indian Rupee (INR) opens slightly negative around 87.70 against the US Dollar (USD) at the start of the week. The USD/INR ticks up as the Indian Rupee continues to underperform due to United States (US)-India trade tensions.

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USD/CHF falls toward 0.8050 as traders expect multiple rate cuts by Fed

USD/CHF loses ground after two days of gains, trading around 0.8060 during the Asian hours on Monday. The pair edges lower due to rising odds of the Federal Reserve (Fed) delivering multiple rate cuts by the end of this year.

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

Gold prices fell in India on Monday, according to data compiled by FXStreet.

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Gold price declines amid risk-on sentiment despite Fed rate cut expectations

Gold price (XAU/USD) continues with its struggle to find acceptance above the $3,400 mark and attracts heavy selling during the Asian session on Monday. The sharp intraday fall is sponsored by a positive risk tone, which tends to undermine demand for the traditional safe-haven bullion.

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Silver Price Forecast: XAG/USD slumps to near $38.00 as US-China tariff deadline looms 

The Silver price (XAG/USD) faces some selling pressure near $38.10, snapping the six-day winning streak during the Asian trading hours on Monday.

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US Dollar Index falls to near 98.00 due to dovish Fed expectations, upcoming CPI eyed

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent gains and trading around 98.00 during the Asian hours on Monday.

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US President Donald Trump says he hopes China will quickly quadruple its US soybean orders

US President Donald Trump on Monday posted on Truth Social that he hopes China would quadruple its soybean orders from the United States (US). Trump further stated that it was also "a way of substantially reducing" Beijing's trade deficit with Washington.

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USD/CAD steadies near 1.3750 as weak US data fuel Fed rate cut bets

USD/CAD inches lower after two days of losses, trading around 1.3750 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) faces challenges amid recent weakening in US economic data, which prompted traders to price in the possibility of more interest rate cuts this year.

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Australian Dollar moves little as traders adopt caution ahead of upcoming RBA decision

The Australian Dollar (AUD) remains steady against the US Dollar (USD) on Monday due to market caution ahead of the interest rate decision by the Reserve Bank of Australia due on Tuesday.

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Japanese Yen struggles to lure buyers amid mixed BoJ rate hike cues

The Japanese Yen (JPY) kicks off the new week on a subdued note amid relatively thin liquidity on the back of the Mountain Day holiday in Japan. Traders also seem reluctant to place aggressive directional bets amid mixed Bank of Japan (BoJ) rate hike cues.

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NZ PM Luxon: US tariff relief is unlikely

New Zealand (NZ) Prime Minister Christopher Luxon made some comments on the 15% tariffs levied on NZ exports to the United States (US)

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WTI holds below $63.00 as traders await possible US-Russia meeting

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.75 during the early Asian trading hours on Monday. The WTI remains under selling pressure after posting the steepest weekly losses since late June in the previous session.

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EUR/USD holds gains around 1.1650 due to cautious tone surrounding ECB outlook

EUR/USD edges higher after registering losses in the previous session, trading around 1.1650 during the Asian hours on Monday.

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PBOC sets USD/CNY reference rate at 7.1405 vs. 7.1382 previous

On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1405 as compared to Friday's fix of 7.1382 and 7.1845 Reuters estimate.

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NZD/USD edges lower to near 0.5950 as US-China tariff truce deadline looms

The NZD/USD pair loses ground to near 0.5950 during the early Asian session on Monday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) as China's deflation fears linger.

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GBP/USD consolidates just below mid-1.3400s; bullish potential seems intact

The GBP/USD pair kicks off the new week on a subdued note and consolidates its recent goodish recovery gains from the 1.3140 area, or the lowest level since April 14, touched earlier this month.

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Gold Price Forecast: XAU/USD remains capped under $3,400 ahead of US inflation data

The Gold price (XAU/USD) attracts some sellers to near $3,390 during the early Asian session on Monday. The precious metal drifts lower amid a modest recovery in the US Dollar (USD). Traders brace for the release of the US inflation report, which is due later on Tuesday. 

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