After the huge monetary blitz the ECB introduced in June (including the historic negative deposit rate), there was a consensus that the European Central Bank will refrain from action today.
EUR/USD traded around 1.3650 towards the publication continuing the steady trade seen earlier in the day.
However, the lack of monetary policy change does not mean a lack of action: at 12:30 GMT ECB president Mario Draghi meets the press. And at the same time, the US releases the Non-Farm Payrolls, in a rare timing on Thursday.
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