As expected, the European Central Bank maintained its refi rate at 0.00 percent and the deposit rate at -0.50 percent. Following the announcement, the euro climbed against its major opponents.

The euro was trading at 122.48 against the yen, 1.0785 against the franc, 0.8956 against the pound and 1.1230 against the greenback around 7:47 am ET.

Euro vs Yen (FX:EURJPY)
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Euro vs Yen (FX:EURJPY)
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