Euro's 14% Rise This Year Prompts ECB Concern Over $1.20 Threshold
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币界网报道：The euro has risen nearly 14% against the dollar this year, raising concerns at the European Central Bank (ECB) as it approaches the 1.20 threshold. ECB officials worry the currency's strength could dampen inflation and economic recovery, complicating monetary policy. Analysts suggest the central bank may signal discomfort or intervene verbally to curb further appreciation. The euro's rally reflects dollar weakness amid U.S. stimulus expectations and improved EU economic data. Markets await ECB's next moves as the exchange rate nears levels that previously triggered policy responses.
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