ECB President Mario Draghi said that downside risks are moving to the downside in his post rate decision press conference.
EUR/USD falls from around 1.1380 to 1.1340 and the move continues.
— more to follow
Follow all the developments in the Live ECB Coverage
The ECB announced the end of the APP, or the bond-buying scheme, as broadly expected. They will, however, continue reinvesting the proceeds from maturing bonds. Draghi maintained the pledge to hold interest rates at low levels through the summer of 2019.
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