(Bloomberg) -- The euro declined from a record
against the yen on speculation recent gains already reflect the
interest-rate outlook for the European Central Bank.
The European currency also snapped a two-day advance versus
the dollar ahead of the ECB's monthly rate-setting meeting this
week. Economists surveyed by Bloomberg News expect policy makers
to maintain interest rates at 4 percent July 5.
Read more at Bloomberg Currencies News
against the yen on speculation recent gains already reflect the
interest-rate outlook for the European Central Bank.
The European currency also snapped a two-day advance versus
the dollar ahead of the ECB's monthly rate-setting meeting this
week. Economists surveyed by Bloomberg News expect policy makers
to maintain interest rates at 4 percent July 5.
Read more at Bloomberg Currencies News
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