European session – Euro boosted after ECB policy meeting
Posted on October 4, 2012 at 1:05 pm GMTThe euro was boosted after the ECB left interest rates unchanged and ECB President Mario Draghi announced that the central bank’s bond-buying decision eased euro zone tensions. The benchmark rate was left at 0.75 percent. EURUSD surged to a high of 1.2991 going into the U.S. session, up from a European session low of 1.2876. Euro was also supported due to a successful Spanish government bond auction earlier today which provided some reassurance to the markets. Sterling jumped against the [..]