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China’s CommerceMin: China Vice FinMin Liao Min will leave on Wednesday for US for trade talks

China’s Commerce Ministry is out with the latest update on trade, citing that China Vice Finance Minister Liao Min will leave on Wednesday for the US for trade talks.

The market mood remains cautious, despite the trade progress, as investors remain nervous ahead of the key FOMC decision due on Wednesday. USD/JPY holds firmer above the 108.00 while Asian stocks trade mixed amid falling Treasury yields.

Silver taking on the bears back above the 38.2% Fibo

Silver had scored a new low for the month at 17.39 on Friday. The precious metal was below the 21-daily moving average and a 50% Fibonacci of 2016 hig
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AUD/USD drops to 50-day MA support on RBA minutes

The offered tone around the AUD strengthened, pushing the AUD/USD pair lower to the 50-day moving average support of 0.6849 after the minutes of the R
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