Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
Free Resources
More real-time news

Resources

DailyFX Home / Market Alerts

European Central Bank Leaves Benchmark Interest Rate Unchaged at 1%

By David Schutz
06 June 2012 11:57 GMT

European_Central_Bank_Leaves_Benchmark_Interest_Rate_Unchaged_at_1_body_BOE.png, European Central Bank Leaves Benchmark Interest Rate Unchaged at 1%

The Euro stayed higher against the US Dollar on news that the European Central Bank left policy changes on hold. The central bank left its benchmark interest rate unchanged at 1%. The single currency was well bid against the US Dollar and Japanese Yen heading into ECB chief Mario’s Draghi’s speech in the hour following the release. The British Pound stayed higher against the Euro.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

06 June 2012 11:57 GMT