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Summary

In this premium session we've brought in Navin to share a mixture of education with live market calls. This is a good way to get a glimpse of how he trades day to day.

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EUR/USD drops to lows below 1.1650 amid resurgent dollar's demand

EUR/USD is off the highs, back in the red below 1.1650, as the US dollar regains ground across the board. The greenback's haven demand resurfaced amid mixed performance in the European indices. US Durable Goods data in focus. 

EUR/USD News

USD/JPY: Heading higher on dollar’s comeback

US Congress revived discussions on a new stimulus package to aid the economy. The focus shifts now to US August Durable Goods Orders. USD/JPY pressuring weekly highs and poised to advance towards 106.25.

USD/JPY News

GBP/USD reverses below 1.2750 amid US dollar comeback

GBP/USD extends the retreat below 1.2750, as the US dollar makes a comeback amid a cautious market mood. The cable briefly regained 1.28 after an EU official reportedly said that the tide may be turning despite no big breakthroughs. 

GBP/USD News

Gold on the defensive, below $1870 level amid stronger USD

Gold struggled to capitalize on the previous day’s modest bounce from two-month lows. The prevalent USD buying interest capped the upside for the dollar-denominated commodity. A turnaround in the equity markets, sliding US bond yields might help limit deeper losses.

Gold News

WTI: Sellers continue to lurk near $40.80

WTI (futures on NYMEX) turns south towards the $40 mark in the European session, having faced rejection above $40.50 on several occasions.

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