Eurozone Construction Output w.d.a (YoY): -0.3% (September) vs previous 0.1%

US Dollar (USD) has powered above its 200-day moving average as Fed funds futures slashed rate cut bets. The US employment data void and hawkish FOMC October meeting minutes led markets to reduce odds of a December 25bps rate cut by more than 15pts to as low as 27%.