The bank retained the deposit rate at -0.10%. In June, the bank slashed the rate from zero to negative, which in effect would charge Eurozone banks for parking excess funds at the ECB, a first for a leading central bank.
Draghi is set hold his customary post-decision press conference at
The euro area private sector growth eased for the second consecutive month in June as estimated to its lowest in the year so far, survey data from Markit Economics showed.
The euro moved sideways against the US dollar after recovering to 1.3663,from an early low of 1.3644.
The euro rose back against the pound with pair trading at 0.7967, after falling to 0.7953 in early deals. If the euro continues its uptrend, it may face resistance around the 0.804 zone.
The euro rose to a 2-day high of 1.2147 against the franc from Wednesday's closing value of 1.2139. Continuation of uptrend may take the euro to a resistance around the 1.22 zone.
Having improved to a new 3-week high of 139.27 against the yen at
The Markit Japan Services PMI edged down to 49.0 in June from 49.3 in May, signaling contraction for the third consecutive month. The decrease in service sector output was driven by the recent increase in sales tax, the survey showed.
The euro eased back to 1.4549 against the aussie, coming off from more than a 3-week high of 1.4589 hit
The euro moved away from an early high of 1.5609 against the NZ dollar and traded steadily in subsequent deals. The euro-kiwi pair was quoted at 1.5557 at Wednesday's close.
After rising to 1.4572 against the loonie at
Looking ahead, the US jobs data for June, weekly jobless claims for the week ended
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