Euro Ticks Up As ECB Retains Rate At 1%
May 03 2012 - 7:48AM
RTTF2
As widely expected, the Governing Council led by ECB President
Mario Draghi retained the main refi rate at a record low of 1
percent. The euro edged slightly higher against its major
counterparts following the rate decision. As of 7:47 am ET, the
common currency was trading at 1.3133 against the US dollar, 0.8120
against the pound, 105.53 against the yen and 1.2017 against the
Swiss franc.
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