EUR/USD: Monetary policy of the ECB was left unchanged. Fundamental analysis for 25.07.2016.

Forex analytics: At the ECB meeting last Thursday, it was decided to leave monetary policy in the Euro area unchanged. The volume of asset purchase program was left at the level of 80 billion euro (88 billion USD) per month, while core interest rate was kept at 0% (the rate on deposits for commercial banks is -0.4%). The ECB President Mario Draghi did not give any indications of the monetary policy prospects in ...