Euro Recovers Ahead Of ECB Decision
05 Mars 2015 - 01:41PM
RTTF2
At 7.45 am ET Thursday, the European Central Bank is set to
announce its interest rate decision. The benchmark refinancing rate
is expected to be maintained at 0.05 percent. Economists expect the
bank to keep the deposit rate at 0.2 percent.
The euro recovered from early lows against its major opponents
ahead of the decision.
The euro was quoted at 0.7251 against the pound, 1.0704 against
the franc, 132.84 against the yen and 1.1055 against the greenback
as of 7:40 am ET.
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