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US Dollar Drifts Lower Ahead of Central Bank-Packed Week as Yuan Hits 4-Year High & Gold Holds Firm
The US Dollar Index (DXY) edged lower in Monday's global foreign exchange session as currency traders positioned for a pivotal week of central bank monetary policy decisions. Meanwhile, the Chinese yuan surged to a fresh four-year high against the greenback, while safe-haven demand kept spot Gold (XAU/USD) and major currency pairs including EUR/USD and GBP/USD tightly bid.Central Bank Policy...
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