ECB left its key rates unchanged, matching the broad consensus. The pair stays on the defensive above the 1.1700 milestone. Focus now shifts to Draghi’s usual press conference. The shared currency remained apathetic after the ECB decision today, with EUR/USD a tad lower in the 1.1715/10 band. EUR/USD attention is now on Draghi’s presser Spot remains in the upper end of the weekly range after the ECB’s Governing Council left its monetary status quo unchanged at today’s meeting, matching the broad consensus. In fact, the ECB left intact the interest rate on the main refinancing operations, the interest rate on the marginal lending facility and the deposit facility at 0.00%, 0.25% and 0 -0.40%, respectively. Looking ahead, attention should gyrate to President Mario Draghi’s press conference and the subsequent Q&A session. EUR/USD levels to watch At the moment, the pair is down 0.13% at 1.1713 facing immediate support at 1.1575 (low Jul.19) seconded by 1.1527 (low Jun.28) and then 1.1508 (2018 low May 30). On the upside, a breakout of 1.1749 (high Jul.23) would open the door to 1.1792 (high Jul.9) and finally 1.1853 (high Jun.14). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR: Guided by ECB guidance? – Westpac FX Street 5 years ECB left its key rates unchanged, matching the broad consensus. The pair stays on the defensive above the 1.1700 milestone. Focus now shifts to Draghi's usual press conference. The shared currency remained apathetic after the ECB decision today, with EUR/USD a tad lower in the 1.1715/10 band. EUR/USD attention is now on Draghi's presser Spot remains in the upper end of the weekly range after the ECB's Governing Council left its monetary status quo unchanged at today's meeting, matching the broad consensus. In fact, the ECB left intact the interest rate on the main refinancing operations, the interest rate on… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
