(Reuters) - The euro surged to a two-year peak against the dollar and an all-time high against the yen on Thursday on hopes the European Central Bank will signal that interest rates need to rise further later in the session.
Traders were caught off guard by the euro's sudden jump to as high as $1.3469 before the ECB's expected decision to keep rates on hold, which was driven in part by a spike up in the single currency to a nine-year high against the Swiss franc.
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