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 edged down against its major opponents.

The euro was trading at 1.1826 against the greenback, 129.98 against the yen, 0.8559 against the pound and 1.0871 against the franc around 7:47 am ET.

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