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ECB Gold Reserves -EUR6 Million, Forex -EUR1.8 Billion In Week To July 31

The Eurosystem's reserves of gold and gold receivables decreased EUR6 million to EUR232.12 billion in the week ended July 31, the European Central Bank said Tuesday.

Euro remains around 1.4400 ahead of Wall Street opening

The Euro has remained consolidating in a range from 1.4375 to 1.4430 during most of the Asian and European trading sessions, after the 300 pips rally performed over the previous two days.

U.S. markets have opened with moderate losses

U.S. markets have opened with moderate losses on Tuesday, after S&P 500 index topped at 1,000 level, its highest since November 2008, and on the back of the largest decline on Personal Income seen in the last four years. Euro and Pound continue trading within rather tight ranges, right below yesterday highs.

Peru's Central Bank May Continue Cutting Policy Rate

The central bank's board of directors will decide Thursday whether to continue cutting the policy rate, which it has slashed by 450 basis points this year.

Dollar above 95.00/10 resistance after U.S. housing data

The Dollar is picking up momentum on early U.S. session, and the pair, after dropping to 94.35 low has returned to trade above 95.00/10 resistance area, on the back of positive U.S housing data.

US Pending Home Sales Rise 3.6% In June

Pending home sales in the U.S. climbed a fifth month in a row in June, the longest streak in six years and another sign of recovery in the housing sector.

Euro approaches 1.4435 intra-day high after Pending Home Sales

The Euro has moved slightly up after the fifth consecutive rise on U.S. pending home sales, and the pair has ticked up from 1.4390 to 1.4430, approaching intra-day high at 1.4435.