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EUR/USD clings to 1.1600 despite weekly pullback on trimmed Fed Cut bets

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EUR/USD clings to 1.1600 despite weekly pullback on trimmed Fed Cut bets

The EUR/USD ended Friday with losses of 0.10% but the week finished on a higher note up 0.51% as risk appetite deteriorated amid growing speculation the Federal Reserve would pause its easing cycle next month. Nevertheless, the pair closed above the 1.1600 figure, paving the way for further upside…

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