India, July 23 -- The euro strengthened against other major currencies in the European session on Thursday, as investors await the European Central Bank's (ECB) monetary policy announcement due later in the day.
Following a 25-basis point (bp) increase at the June policy meeting, the ECB is anticipated to maintain policy rates unchanged.
As a result, investors will closely monitor the monetary policy statement and comments made by ECB President Christine Lagarde during the press conference concerning the inflation outlook and monetary policy.
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