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EUR/USD bounces back above 1.1600 despite market caution ahead of US PPI data
EUR/USD holds the bounce above 1.1600 in the European morning on Wednesday. The pair appreciates amid a modest US Dollar retreat, driven by traders’ caution ahead of the upcoming US Producer Price Index data due later in the day.

GBP/USD extends rebound above 1.3400 after hot UK inflation data
GBP/USD extends the rebound above 1.3400 in the early European session on Wednesday. The pair is helped by an upside surprise in the UK Consumer Price Index (CPI) data for June, which weighs on the BoE rate cut expectations and supports the Pound Sterling. The US PPI data is next in focus.

Gold price sticks to intraday gains amid softer risk tone, subdued USD price action
Gold price regains positive traction during the Asian session on Wednesday and has now reversed a major part of the previous day's slide to the $3,320 area. Investors remain on edge amid persistent uncertainty surrounding US President Donald Trump's trade tariffs.

Trump strikes deal to unblock crypto bills in House, GENIUS Act set for vote
US President Donald Trump steps in to revive momentum for crypto legislation in the US House of Representatives. On Wednesday, Trump announced that 11 of the 12 House representatives have agreed to support the GENIUS ACT bill.

China’s first-half growth remains on track, though activity data signals caution
China's second-quarter GDP beat forecasts again with a 5.2% year-on-year growth, driven by strong trade and industrial production. Yet sharper-than-expected slowdowns in fixed-asset investment and retail sales and falling property prices are a concern.

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