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United States Baker Hughes US Oil Rig Count came in at 418, below expectations (421)

Trump’s tariff threat on China sinks US Dollar as market sentiment deteriorates

The US Dollar Index (DXY) drops by 0.48% to trade around 98.90 on Friday at the time of writing, extending its recent weakness as global investors react to a new escalation in trade tensions between the United States (US) and China.
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EUR/JPY retreats from record high as French political uncertainty weighs on Euro

The Euro (EUR) extends its pullback against the Japanese Yen (JPY) on Friday, with EUR/JPY losing 0.35% to 176.40 at the time of writing, after reaching an all-time high of 177.94 in the previous session.
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