EU's Moscovicci: Door remains open to avoid disciplinary procedure against Italy

European Commissioner for Economic and Financial Affairs Pierre Moscovici recently crossed the wires saying that the Commission's door remains open to
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AUD/USD struggles to extend momentum beyond 0.70 mark ahead of US data

• The USD held on the defensive amid firming Fed rate cut expectations. • Below-forecast Aussie GDP print does little to hinder the positive move. •
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