EUR/USD turns negative near 1.1240 on US data

The selling pressure around the shared currency is now picking up pace and drags EUR/USD to fresh daily lows in the 1.1240/35 band. EUR/USD weaker on
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AUD/USD retraces daily gains, fails to hold above 0.70

The AUD/USD pair climbed above the critical 0.70 mark earlier in the day as the upbeat data from China, which showed that the trade balance in June in
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