Markets' reaction in Europe limited as ECB raises key rates

ROME, June 15 (Xinhua) -- The European Central Bank (ECB) on Thursday announced a new interest rate increase of 25 basis points, and the reaction from markets was limited as the move has been widely expected.

The euro currency used in 20 European Union member states rallied against the U.S. dollar early in Thursday's session, but it ended the day only slightly stronger than the dollar.

Trading was brisk o