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EUR/USD forecast: still digesting FOMC – Commerzbank and Scotiabank

GBP/USD supported by 50-DMA

The bid tone on the GBP improved slightly in Asia after the GBP/USD pair managed to move back above its 50-DMA located at 1.5522 levels.
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Germany Producer Price Index (MoM) below forecasts (-0.3%) in August: Actual (-0.5%)

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