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FRANKFURT, Germany (AP) - The dollar rose against the euro and the pound Thursday as an unexpectedly strong report on the U.S. service economy overshadowed widely-anticipated interest rate decisions in Europe and Britain.
The European Central Bank held its key rate steady at 4 percent in the 13-nation region that shares the euro, while the Bank of England boosted its benchmark rate by a quarter percentage point to 5.75 percent.
Both moves had been widely expected.
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