Euro steadies below 1.1600 as hawkish Fed rhetoric limits gains

The EUR/USD pair holds steady near 1.1590 during the early Asian session on Thursday. The potential upside for the major pair might be limited amid hawkish Federal Reserve (Fed) expectations and escalating conflict in the Middle East.
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Japan Jibun Bank Services PMI came in at 52.5, above expectations (52.3) in August

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