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Eurozone Construction Output s.a (MoM) increased to 0.5% in July from previous -0.8%

Fed cuts rates 25bps as labor market weakens – OCBC

At the September meeting, the FOMC decided to lower the target range for the Fed funds rate by 25bps to 4.00-4.25%, in line with expectations, OCBC's FX analysts Frances Cheung and Christopher Wong note.
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EUR/USD: Likely to consolidate between 1.1785 and 1.1865 – UOB Group

The current price movements are likely part of a consolidation phase between 1.1785 and 1.1865. In the longer run, there is still a chance, albeit not a high one for EUR to rise toward 1.1955, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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