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EUR/USD indifferent post-ECB

FXStreet (Edinburgh) - The shared currency remained unmoved on Thursday after the ECB decision, with EUR/USD around 1.1230.

EUR/USD now looks to Draghi’s presser

In line with market expectations, the European Central Bank left its monetary policy unchanged at today’s meeting, with the interest rate on the main refinancing operations at 0.05%, the marginal lending facility at 0.30% and the deposit facility at -0.20%.

Next of relevance will be the press conference by President Mario Draghi, who is expected to deliver a dovish tone,

EUR/USD key levels

At the moment the pair is up 0.01% at 1.1228 with the immediate support at 1.1205 (low Sep.3) followed by 1.1180 (low Aug.31) and then 1.1156 (low Aug.27). On the other hand, a break above 1.1294 (high Sep.2) would expose 1.1320 (high Sep.2) and finally 1.1333 (high Sep.1).

European Monetary Union ECB Interest Rate Decision in line with forecasts (0.05%) in September 3

European Monetary Union ECB Interest Rate Decision in line with forecasts (0.05%) in September 3
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EUR/GBP keeps range around 0.7350 on ECB, Draghi’s presser eyed

The cross in the EUR/GBP kept the range near the mid-point of the 0.73 handle, as the shared currency showed little reaction to the latest ECB rate decision which turned out to be a complete non-event, as widely expected.
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