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ECB stays on hold, as expected

FXStreet (Córdoba) - The Governing Council of the European Central Bank 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 0.15%, 0.40% and -0.10% respectively.

No surprises here, so attention now turns to ECB President, Mario Draghi, who will comment on the considerations underlying these decisions at a press conference starting at 12:30 GMT.

European Monetary Union ECB Interest Rate Decision meets expectations (0.15%) in August 7

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EUR/USD muted after ECB

The shared currency remains apathetic after the ECB rate decision, with the EUR/USD hovering over the 1.3380/75 band...
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