As expected, the European Central Bank maintained its main refi rate at a record low of zero percent and the deposit rate at -0.50 percent. The euro changed little against its major counterparts after the decision.

The euro was trading at 122.18 against the yen, 1.0785 against the franc, 0.9090 against the pound and 1.1407 against the greenback around 7:50 am ET.

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