Switzerland UBS Consumption Indicator down to 1.64 in July from previous 1.68

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USD/JPY: Fades a spike to 119.80

The US dollar paused its upswing and consolidates at higher levels versus its Japanese counterpart in the early trades, keeping USD/JPY supported above 119.50, as the greenback remains underpinned on ripening risk sentiment as China stocks stage a solid comeback boosting investors risk appetite.
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EUR/GBP drops to lows near 0.7310

The weaker tone around the single currency is now dragging EUR/GBP to the area of daily lows around 0.7310...
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