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Jul 9, 2026
Chinese Yuan: Downside bias as momentum improves against US Dollar – UOB
United Overseas Bank’s (UOB) Senior Technical Strategist Quek Ser Leang notes that USD/CNH has broken higher, with momentum improving after Monday’s move to 6.8051 and a close at 6.8038.
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Jul 9, 2026
Gold declines below $4,100 as US–Iran tensions revive inflation worries, Fed rate hike bets
Gold price (XAU/USD) declines to around $4,075 during the early Asian session on Thursday. The precious metal extends its downside as US President Donald Trump said the ceasefire with Iran has ended, stoking concerns that a renewal of war could again drive inflation and push up interest rates.
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