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Austria Trade Balance increased to €855.3M in July from previous €488.5M

USD/CHF softens below 0.8550 amid geopolitical risks

The USD/CHF pair edges lower to near 0.8535 during the early European session on Tuesday.
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Fed’s Kugler: Will support additional rate cuts if progress on inflation continues as expected

Federal Reserve Governor Adriana Kugler said on Tuesday that it “will support additional rate cuts if progress on inflation continues as expected.” Additional quotes Want 'balanced approach' to make progress on inflation and avoid undesirable slowdown in job and economic growth.
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