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Market Analysis: If the European Central Bank hints at ending interest rate cuts, the euro may rise.

Jin10 data September 9th, Monex Europe analysts said in a report that if the European Central Bank indicates that its interest rate cut cycle has ended during Thursday's meeting, the euro may rise. “We expect the deposit rate to remain at 2%, as ECB President Lagarde is likely to officially announce victory over inflation and signal the end of this round of easing, echoing her comments made on September 1st,” the analysts said. This will further push the euro against the dollar higher, especially considering that the Fed may resume interest rate cuts at its meeting on September 17th.

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