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Euro Slips Below $1.15 as Stronger US Dollar Extends Advance

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USD
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The Euro has declined by 0.12% against the US Dollar to around 1.1460 in the European trading session on Friday.

This is due to a stronger US Dollar, which continues its advance as investors expect more interest rate hikes from the Federal Reserve (Fed) this year.

The US Dollar Index has reached a seven-week high near 100.50 in European trade.

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