At 7.30 am ET Thursday, the European Central Bank has released the accounts of the monetary policy meeting of the Governing Council held on March 7 and 8.

After the release, the euro dropped against its major counterparts.

The euro was trading at 1.2340 against the greenback, 132.20 against the yen, 1.1882 against the franc and 0.8692 against the pound around 7:31 am ET.

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