Euro Falls to 17-Month Low as Eurozone Bond Yields Drop After ECB Holds Rates
The euro fell to a 17-month low against the dollar and eurozone government bond yields declined after the ECB kept rates steady and offered no strong signals about possible future rate increases.
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03:16:34 PM UTC
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By Emese Bartha and Paulo TrevisaniGovernment bond yields fell in the U.S. and in Europe Thursday following interest-rate holds by the respective central banks.The ECB paused a hiking cycle and kept the deposit rate at 2.5%, as expected, although inflation remains a concern and further rate increas…
By Renae Dyer and Emese BarthaThe euro dropped to a 17-month low against the dollar and eurozone government bond yields fell on Thursday after the European Central Bank kept interest rates steady and refrained from sending strong signals about possible future rate increases.The decision was partly…