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Euronews

Piero Cingari

Euro holds at 4-year highs, European equities soar on Fed's dovish cut

Euro ING Europe Donald Trump Jerome Powell Stephen Miran eurozone US Federal Reserve

Markets across Europe woke up in a buoyant mood on Thursday after the US Federal Reserve trimmed interest rates and signalled there could be more cuts to come.

The move lifted investor sentiment, pushing European stocks higher and keeping the euro hovering near a four-year peak.

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