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Wobbles around 0.6900 ahead of Iran’s response to Trump’s ultimatum

The AUD/USD pair trades in a tight range around 0.6900 during the early European trading session on Tuesday. The Aussie pair consolidates as investors await Tehran’s response to United States (US) President Donald Trump’s warning to destroy Iranian power plants and bridges if it doesn’t reopen the Strait of Hormuz…

Stalls below 211.50 on haven demand

GBP/JPY consolidates above the 211.00 figure yet remains unable to crack key resistance at the 211.50 psychological level due to an improvement in risk appetite, along with the 50-day Simple Moving Average (SMA) at 211.26 acting as a magnet. Fears that Japanese authorities might intervene in the FX market.GBP/JPY Price Forecast: Technical OutlookThe technical picture shows the GBP/JPY is set to remain sideways unless bulls surpass the 211.50 psychological figure, seen as key resistance before…

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China could target US homeland if Iran conflict escalates, expert warns

Unidentified, sophisticated drones flying over a handful of U.S. military bases could be a warning sign from China, Gordon Chang warned Monday, suggesting Beijing could target the American homeland if the U.S. becomes more involved in its conflict with Iran. “The important point here is that we have had, last…

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Investing

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