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Eurozone Construction Output w.d.a (YoY) climbed from previous 1.7% to 3.2% in July

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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EUR/JPY Price Forecast: Marks fresh 14-month highs near 174.50

EUR/JPY advances more than a quarter of a percent, trading around 174.40 during the European hours on Thursday. The technical analysis of the daily chart indicates an ongoing bullish bias as the currency cross moves upwards within the ascending channel pattern.
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