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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. Markets widely expect the ECB to hike the key rate by a final quarter point.
Ahead of the announcement, the euro traded mixed against its major opponents. While it eased against the pound, it held steady against the rest of major rivals.
The euro was worth 158.13 against the yen, 0.9587 against the franc, 0.8599 against the pound and 1.0729 against the greenback as of 8:10 am ET.
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U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday, as traders remain optimistic about the outlook for interest rates following last week's weaker-than-expected US jobs data. They also remain cautious ahead of key U.S. inflation readings due later in the week that could influence the US Fed's rate trajectory.
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20h 35min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday.
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U.S. Dollar Drops Against Majors
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Monday.
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The Japanese yen weakened against other major currencies in the Asian session on Monday, after Japanese Prime Minister Shigeru Ishiba announced over the weekend that he will step down amid intensifying rifts within the ruling party.
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1 day ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Monday.
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Pound Rises Amid Risk On Mood
The British pound strengthened against other major currencies in the European session on Thursday amid risk-on mood by the investors, as a bond market sell-off stabilized and dovish Fed comments coupled with weak U.S. data reinforced rate-cut bets.
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5 days ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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