ECB Cuts Euro Interest Rates

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The European Central Bank has cut the Eurozone interest rate by 0.25% to 1.25%.

This was a smaller cut than expected and may cause some Euro strength - making the best Euro exchange rates more expensive if you are sending money abroad.

Analysts were hoping for at least a 0.5% cut, which may have weakened the Euro and given a boost to the Pound.

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ECB Cuts Euro Interest Rates

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