ECB leaves key interest rates and QE on hold

ECB leaves main refinancing rate at 0.0%, marginal lending facility at 0.25% and deposit facility at -0.4%. ECB leaves asset purchase target at 60 bln EUR as well.

ECB press conference follows, you can watch it live here. In the meanwhile, check my montly EUR/USD analysis from July 18. and watch the resistance levels which could be attacked latter on. At the moment the pair is holding at 1.1490/1.1500 and it seams that the buyers are extremely strong here.

Published by Mario Urlic

Professional commodity trader with 17 years of experience in various markets.

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