EUR/GBP remains bullish as ECB holds benchmark rates

By | Updated July 30, 2014 AAA

FXStreet (London) - At today’s European Central Bank meeting, the governing council fulfilled expectations by announcing 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 percent, 0.40 percent and -0.10 percent respectively.

ECB president Mario Draghi will give a press conference and Q&A at 1:30 GMT, but the earlier part of the conference will likely be overshadowed by the release of the US non-farm payroll numbers being released at the same time.

EUR/GBP remains in bullish territory, up 0.15 percent to GBP0.7969 on the session from an opening price of GBP0.7957

You May Also Like

Related Forex Analysis
  1. Forex News

    EUR/GBP drops to 0.7280

  2. Investing

    EUR/GBP: April 2015 Forecast

  3. Forex News

    EUR/GBP near lows below 0.73 on German data

  4. Forex News

    GBP/USD likely to remain in the low 1.40’s for most of 2015 – BAML

  5. Forex News

    EUR/GBP Technical Analysis: Euro Down Move Expected

Trading Center