India, July 13 -- The euro strengthened against other major currencies in the European session on Monday, as traders speculate that the European Central Bank (ECB) will raise interest rates once more this year.

In the hopes that the ongoing aggressiveness in the Middle East won't continue, the Euro gained strength.

Global inflation expectations have once again become unstable due to rising oil prices brought on by the US and Iran's increased conflict.

For comments and feedback contact: editorial@rttnews.com

Published by HT Digital Content Services with permission from RTT News....