Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the EUR/USD daily and 15 min charts.
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AUD/USD retakes 0.6000 on the road to recovery amid US-China trade war
AUD/USD is off the five-year low but remains heavy near 0.6000 in the Asian session on Monday. The pair continues to suffer from a US-China trade war as US President Trump said that he would not do a deal with China until the US trade deficit was sorted out.

USD/JPY attempts tepid recovery above 146.00
USD/JPY kicks off the new week on a weaker note, though it manages to stage a tepid recovery above 146.00 early Monday. The global carnage, amid the mounting risk of a recession and a trade war led by Trump's sweeping tariffs, keeps the safe-haven Japanese Yen underpinned at the expense of the US Dollar.

Gold holds the bounce above $3,000 amid Asia risk-off profile
Gold price recovers ground above $3,000 in the Asian session on Monday. The global market turmoil extends and hence, Gold buyers manage to find their feet as trade war and recession risks escalate and revive the haven demand for the yellow metal after Friday's 'sell everything' mode.

Bitcoin could be the winner in the ongoing trade war after showing signs of decoupling from stocks
Bitcoin traded above $84,000 on Friday, showing strength despite the stock market experiencing significant declines. The market reaction stems from United States President Donald Trump's clash with the Federal Reserve Chairman Jerome Powell over interest rate decisions.

Strategic implications of “Liberation Day”
Liberation Day in the United States came with extremely protectionist and inward-looking tariff policy aimed at just about all U.S. trading partners. In this report, we outline some of the more strategic implications of Liberation Day and developments we will be paying close attention to going forward.

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