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13 Aug 2025

The euro is moving in the positive zone thanks to the US interest rate

The euro rose against a basket of global currencies on Wednesday, maintaining its gains for the second consecutive day against the US dollar. It is on the verge of hitting its highest level in at least two weeks, as the US currency remains under downward pressure following the release of key US inflation data.

The euro rose more than 0.1% against the dollar to $1.1688, from the opening price of $1.1674, and hit a low of $1.1669

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