The European Central Bank will deliver its interest rate decision at 7:45 am ET Thursday. The ECB is expected to hold its main refi rate at a record low zero percent and the deposit rate at -0.50 percent.

Ahead of the announcement, the euro held steady against its major opponents.

The euro was worth 1.1831 against the greenback, 130.05 against the yen, 0.8564 against the pound and 1.0876 against the franc as of 7:40 am ET.

Euro vs Yen (FX:EURJPY)
Forex Chart
From Oct 2021 to Nov 2021 Click Here for more Euro vs Yen Charts.
Euro vs Yen (FX:EURJPY)
Forex Chart
From Nov 2020 to Nov 2021 Click Here for more Euro vs Yen Charts.