Cuenca is still trying to regain his best form after a major knee injury at the end of last season.
“Cuenca is a welcome reinforcement as we still are active in three competitions and not always steady with our wingers,” Ajax coach Frank de Boer said.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.