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4 Dec 2014
EUR/GBP steady after ECB
FXStreet (Córdoba) - EUR/GBP continued to trade near daily highs after the European Central Bank decided to left rates unchanged, as expected. The pair peaked at 0.7862 and currently trades at 0.7858.
Despite rising modestly on Thursday, the pair remains under pressure. Yesterday bottomed at 0.7831, the lowest in three weeks.
EUR unaffected by ECB, awaits for Draghi
“At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.05%, 0.30% and -0.20% respectively”, announced the central bank.
The decision was widely expected and now attention turns to Mario Draghi’s press conference that will be starting at 13:30 GMT and is likely to affect the euro.
Despite rising modestly on Thursday, the pair remains under pressure. Yesterday bottomed at 0.7831, the lowest in three weeks.
EUR unaffected by ECB, awaits for Draghi
“At today’s meeting the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.05%, 0.30% and -0.20% respectively”, announced the central bank.
The decision was widely expected and now attention turns to Mario Draghi’s press conference that will be starting at 13:30 GMT and is likely to affect the euro.