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Euro Mixed Ahead Of ECB Decision
(RTTNews) - The European Central Bank will announce interest rate decision at 8:15 am ET Thursday. The ECB is expected to hike its main refinancing rate by 50 basis points to 2.50 percent from 2 percent.
Ahead of the announcement, the euro traded mixed against its major opponents. While it rose against the pound, it held steady against the rest of major rivals.
The euro was worth 145.03 against the yen, 0.9855 against the franc, 0.8624 against the pound and 1.0616 against the greenback as of 8:10 am ET.
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Euro Rises As European Shares Traded Higher
The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
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Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
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Pound Rises As Traders Await BoE Monetary Policy Meeting
The British pound strengthened against other major currencies in the European session on Tuesday, as traders shift their focus to the Bank of England's (BoE) monetary policy announcement on Thursday.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Tuesday.
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Yen Rises Amid BoJ Rate Hike Speculation
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
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Yen Advances Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday, amid fading hopes for an immediate the Bank of Japan (BoJ) rate hike.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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