Gold Price Analysis: XAU/USD trades with modest losses, just below $1850 level

Gold remained depressed through the early European session, albeit has managed to recover a bit from weekly lows and was last seen trading just below
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USD/JPY holds steady around 103.65-70 area, lacks follow-through ahead of FOMC

The USD/JPY pair held on to its modest daily gains through the early European session, albeit lacked any strong follow-through buying. The pair remain
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