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Dollar rises, euro slips after ECB rate increase

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Core Development: Dollar rises, euro slips after ECB rate increase
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Market & Financial Impact: GLOBAL-FOREX/ (UPDATE 6):FOREX-Dollar rises, euro slips after ECB rate increase
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

* Dollar edges higher as data appears to boost Fed rate-hike chances

* Yen up more than 6% since late July intervention, near 7-month high

(Updates headline and prices, adds analyst comment and oil settlement)

NEW YORK, Sept 10 (Reuters) - The dollar rose against major currencies on Thursday, recouping some of the week's losses that were sparked by higher oil prices and bond yields, while the euro slipped after the European Central Bank delivered a widely expected interest rate increase.

The ECB raised interest rates by 25 basis points, marking the second time this year the central bank has moved to quell an energy-driven rise in inflation triggered by the Iran war.

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Official Publisher Attribution: This report is aggregated from LiveMint. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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