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Euro Pares some Losses

The EURUSD pair was little changed on Monday, September 20, down 0.01 to 1.1726, with an intraday low of 1.1700. The dollar saw robust buying during the APAC session on contagion fears related to the default of Chinese developer Evergrande. The company, which is saddled with over 300 bln in debt, is behind on payments of bank loans, as well as payments to suppliers and investors.

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