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Joel Kruger

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Euro eases after ECB hike; dollar steadies near two-month high on Iran tensions

Euro eases after ECB hike; dollar steadies near two-month high on Iran tensions NEW YORK, June 11 : The euro edged lower on Thursday after the European Central Bank delivered a widely expected interest rate hike, while the dollar hovered near a two-month high as President Donald Trump pledged further U.S. attacks on Iran. The ECB raised interest rates for the first time in nearly three years, aiming to curb inflation before a surge in energy costs—triggered by the Iran war—spreads more...

Channel News Asia 3h ago