The European Central Bank's interest rate decision is about to be announced, and the euro is rising According to a report by Golden Finance, on June 11th, it was widely expected that the European Central Bank would raise interest rates in its decision announced today. At this time, the euro rose slightly against the US dollar. According to data from the London Stock Exchange Group, the market almost fully expects the European Central Bank to raise interest rates by 25 basis points and raise rates twice more next year. Michael Pfister from Deutsche Bank stated in a report that the European Central Bank is unlikely to send a signal of interest rate hikes that exceeds expectations, as oil prices have far exceeded their peak and inflation expectations have slightly revised downward after inflation rates fell below expectations in recent months. For the euro, this means that today's risk may lean towards the downside. "The euro rose 0.1% to $1.1544. (Sina Finance)