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During the early Asian session, the gold price (XAU/USD) dipped to approximately $3,025.

Gold prices fell to $3,025 as ceasefire hopes reduced demand, but expected Fed rate cuts may limit losses.

Governor Ueda of the Bank of Japan has been gradually reducing long-term JGB holdings while addressing monetary policy

BoJ Governor Ueda announced a gradual reduction of JGB holdings, emphasizing stable prices and possible policy adjustments.

Amid slight USD weakening, GBP/USD maintains a positive trend around the 1.2930 level.

GBP/USD rises to 1.2930 as BoE’s stance supports gains, while traders await key UK and US PMI data.

Uchida indicated the Bank of Japan may raise interest rates if economic and price outlook improve

Interest rates may rise further if economic goals improve, with foreign exchange stability and food prices key.

The EUR/USD pair trades around 1.0840, recovering from a three-day decline before PMI data

EUR/USD rebounded near 1.0850 as risk sentiment improved, while Trump’s tariffs raised concerns for the Eurozone.

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