The European Central Bank was expected to leave policy unchanged: the main lending rate at 0.05%, the deposit rate at -0.20% (deep negative) and the QE program unchanged at 60 billion euros per month through September 2016.
Draghi announces QE assessment – EUR/USD falls
The focus is on the Draghi show – the press conference by the ECB president beginning at 12:30 GMT. Join the live coverage here:
EUR/USD was trading somewhat lower during the day, at around 1.1315. Support awaits at 1.1290 and 1.1215. Resistance is at 1.14 and 1.1460.
