英文原文: The euro has risen after the European Central Bank raised its interest rates by 25 basis points today and hinted at further hikes. Altaf Kassam, Managing Director at DFA Funds Management, said in a note that while there were signs of progress in potential inflation and evidence that tighter monetary policy was taking effect, the ECBs language suggested that they could raise rates by 25 basis points in Julys meeting. He added that the lack of clear signs that the hiking cycle would end in July may discourage markets from pricing in any potential cuts in 2024. The euro rose after the decision, with EUR/USD hitting a five-week high of 1.0889 from 1.0827 before the announcement, according to Refinitiv data.