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Today's forex news: China resumed Australian coal imports

FX:GBPUSD   British Pound / U.S. Dollar
EUR/USD ๐Ÿ”ผ
GBP/USD ๐Ÿ”ผ
AUD/USD ๐Ÿ”ผ
USD/CAD ๐Ÿ”ฝ
USD/JPY ๐Ÿ”ผ
XAU ๐Ÿ”ผ
WTI ๐Ÿ”ฝ

After two years, the Chinese government has lifted its unofficial ban on Australian coal imports. While concerns about rising infection rates in China remain, an export boost allowed AUD/USD to jump over 100 pips to 0.6832.

EUR/USD reached a closing price of 1.0599, now stabilized above the 1.0600 level. GBP/USD rebounded more than 80 pips to 1.2053. Although USD/CAD plunged a little below 200 pips to 1.3476, USD/JPY has added 160 pips to 132.62.

Spot gold rose to a seven-month high of $1,863.88 an ounce, then retreated to $1,854.74. WTI oil futures dropped further to $72.84 a barrel, and Bitcoin is currently trading higher at 16,847.0.

Among the major US indices, the S&P 500 enjoyed the highest gain, with a 28-point increase (+0.75%) to 3,852. The Dow Jones Industrial Average and the Nasdaq 100 closed higher at 33,269 and 10,914 respectively.

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