EUR/USD remains Firm Post-ECB

The Single currency remains on the positive side after the European Central Bank’s decision to keep interest rates unchanged, which prompted the EUR/USD pair to stay in the 1.1840 area on Thursday. The pair is extending its bullish momentum after touching its weekly lows on Wednesday near 1.1750. The European Central Bank left the interest rate on major refinancing at 0.00%, the interest rate on the marginal lending facility at 0.25% and the deposit facility at -0.50% while keeping the PEPP unchanged at € 1.35 trillion and the bank reiterated its willingness to use all its instruments to push inflation towards a target. the bank.

The focus is now on the press conference of ECB President Lagarde