The euro held steady on Thursday, as did euro zone government bond yields after the European Central Bank left interest rates unchanged, and did not signal a cut in September was imminent.
The euro was last at $1.09325, having traded around $1.09278 earlier. Against the pound, the euro was up 0.12% on the day at 84.20 pence, compared with 84.175 pence ahead of the ECB decision.
President Christine Lagarde delivers a press conference at 1245 GMT that could shed more light on the details of the central bank’s decision and policymakers’ thinking on the likely path for interest rates.
Source: REUTER
