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Dutch International Group's Chris Turner said in a report that the euro rose. Earlier, ECB policymaker Isabelle Schnabel said that the ECB's next interest rate action may be to raise interest rates rather than cut interest rates. Schnabel told Bloomberg that she is relieved by investors' bets on interest rate hikes, but this will not happen anytime soon. She also hinted that the ECB might raise its growth forecast at the December 18 meeting. Turner said that these remarks boosted the euro in early trading and is expected to further narrow the cost of preserving the value of Eurozone investors to prevent possible losses in US investments in the US. The euro rose 0.1% to $1.1650.

Zhitongcaijing·12/08/2025 08:57:11
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Dutch International Group's Chris Turner said in a report that the euro rose. Earlier, ECB policymaker Isabelle Schnabel said that the ECB's next interest rate action may be to raise interest rates rather than cut interest rates. Schnabel told Bloomberg that she is relieved by investors' bets on interest rate hikes, but this will not happen anytime soon. She also hinted that the ECB might raise its growth forecast at the December 18 meeting. Turner said that these remarks boosted the euro in early trading and is expected to further narrow the cost of preserving the value of Eurozone investors to prevent possible losses in US investments in the US. The euro rose 0.1% to $1.1650.