NEWS | 07/21/2025 21:00:39 GMT
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By FXStreet Team
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Editors’ Picks
AUD/USD: Mired in a multi-week consolidative range
AUD/USD extended further its rebound from last week’s floor near 0.6450, managing to reclaim the area above the relevant 0.6500 the figure in response to the intense sell-off in the US Dollar, while trade jitters also adding to the picture.
EUR/USD: A move to 1.1800 and above looks unlikely
EUR/USD built on Friday’s advance and surpassed the 1.1700 hurdle to hit multi-day highs in quite a promising start to the new trading week. The move higher in spot came in response to extra weakness in the Greenback amid steady trade concerns and speculation over the Fed’s independence.
Gold maintains the bid tone near $3,390
Gold prices began the week on a high note, briefly surging over the important $3,400 mark per troy ounce on Monday. In the absence of major data releases, the overall weakening in US yields and widespread weakness in the US Dollar continue to bolster the precious metal.
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