Currency Alerts

Euro Rises Amid ECB Rate Hike Speculations

The euro strengthened against other major currencies in the European session on Friday, as investors await the Fed and the ECB's monetary policy announcements next week.

Gediminas Simkus, a member of the European Central Bank Governing Council, dismissed the prospect of a rate increase at the meeting on April 30 but said that it cannot be ruled out this year.

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by RTTNews Staff Writer

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