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2025-09-16 20:27:54
[Analysts: Improved risk appetite boosts the euro's rise] Monex Europe analysts said in a report that the euro rose to a two-and-a-half-month high against the US dollar. This was partly due to the weakening of the US dollar driven by expectations of a US interest rate cut, and partly due to improved market risk appetite. In addition, ECB member Schnabel's statement on Monday that interest rates should be kept stable also supported the euro. Analysts pointed out that if US retail sales data released later is weaker than expected, or if Federal Reserve Chairman Powell sends a signal that "further interest rate cuts will be made in the future", the euro is expected to rise further.
