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Asian equity markets were mixed early on Tuesday despite positive Caixin services PMI as global investors stuck to safe haven assets and continued to remain cautious on worries about North Korea. The Japanese yen and gold extended gains, and Treasuries rallied
USDJPY was a decent mover early on Tuesday and was last seen trading around 109.30. The Japanese yen rose 0.4 percent against the US dollar after jumping 0.5 percent on Monday. The Yen continues to gain on risk aversion due to Japan's net creditor nation status
AUDUSD advanced higher earlier on Tuesday after the strong Q2 data jumping as high as 0.7985, but had given most of its gain back almost immediately before recovering again post RBA Announcement. The Australian dollar is currently seen trading at 0.7963 against the US Dollar with a net gain of 0.2 percent
EURUSD has moved a little higher in the session currently trading at 1.1907 following a quiet session due to US holiday. The euro has gained 0.1 percent against the US dollar continuing it’s gains after advancing 0.3 percent on Monday. The Dollar Index slipped 0.15 percent and currently trading at 92.50.