ECB leave rates on hold as widely expected 9 March
- main refinance rate 0.0% as prev
- marginal lending facility 0.25% as prev
- deposit facility rate -0.4% as prev
- QE asset purchase target EUR 80bln
- asset purchases will be 60bln from Apr- Dec
Now we wait on the all important presser at 13.30 GMT and see if the Draghster can spring any surprises.
EURUSD 1.0553 EURGBP 0.8676 EURJPY 120.95 steady but a tad softer after the news.
