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US Admin Official: China President Xi and US President Biden's call was direct, substantive and detailed

According to a US administration official, talks between Chinese President Xi Jinping and US President Joe Biden on Friday, which lasted for nearly two hours, were direct, substantive and detailed, reported Reuters. Biden reportedly stressed to Xi that China providing material support to Russia would have consequences not just from the US but also from the wider world. 

GBP/CAD fails to extend beyond 1.6650 and retreats to 1.6620

Sterling’s recovery attempt from multi-year lows at 1.6540 seen earlier today has been capped about 110 pips higher, at 1.6650, before pulling back to
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Silver Price Analysis: XAG/USD slides back under $25.00 as risk appetite ends week on front foot

A strong finish to a strong week for US (and global) equities has seen safe-haven silver come back under selling pressure on the final day of the week
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