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Dollar Retreats Against Euro as Interest Rates Rise

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The US dollar experienced a slight decline against the euro on Thursday following the Federal Reserve's interest rate hike. The dollar had seen its largest jump against the common currency in three months after the Fed raised rates.

The euro rebounded from a 0.7% drop on Wednesday, rising by 0.1% to $1.14755.

The US dollar index remained stable at 100.23, while treasury yields and oil prices both decreased.

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