EUR/GBP remains bullish as ECB holds benchmark rates

By FXstreet.com | July 03, 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



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