September Euro futures had a recovery session, staying within its 1.3% trading range. The euro's price action came as both Germany and the wider EU missed on services PMI data, indicating a possible weakening of the euro currency over time. The euro also saw buying interest after ECB President Christine Lagarde's comments on stablecoins highlighted their vulnerability. In the US, the CME FedWatch Tool shows the probability of a September FOMC rate cut jumped to over 97%, keeping the euro positive.
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