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New Zealand ANZ Business Confidence increased to 46.3 in June from previous 36.6

Gold Price Forecast: XAU/USD extends downside to near $3,250 on better risk appetite

The Gold price (XAU/USD) extends the decline to around $3,265 during the early Asian session on Monday. The precious metal tumbles to near one-month low after a United States (US)-China trade agreement boosted risk appetite. Investors await the Fedspeak later on Monday for fresh impetus. 
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EUR/USD gathers strength above 1.1700 as traders brace for German Retail Sales, CPI releases

The EUR/USD pair extends the rally to around 1.1720 during the early Asian trading hours on Monday, bolstered by a weaker US Dollar (USD). The Greenback weakens against the Euro (EUR) as traders are convinced that the Federal Reserve (Fed) will cut rates at the September meeting.
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