The U.S. dollar rose against other major currencies on Thursday after the European Central Bank (ECB)'s decision to keep the Eurozone base interest rate at 0.00 percent.
The marginal lending rate and deposit rate remain at 0.25 percent and minus 0.40 percent respectively, according to the ECB.
As regards non-standard monetary policy measures, purchases under the asset purchase programme (APP) will continue at the current monthly pace of 60 billion euros (about 70.8 U.S. dollars) until the end of December 2017.
From January 2018 the net asset purchases are intended to continue at a monthly pace of 30 billion euros (about 35.4 U.S. dollars) until the end of September 2018, or beyond.
The shared currency declined over 1.2 percent against the U.S. dollar after the announcement. The dollar index, which measures the greenback against six major peers, was up 0.94 percent at 94.590 in late trading.
In late New York trading, the euro fell to 1.1668 U.S. dollars from 1.1810 U.S. dollars, and the British pound declined to 1.3165 U.S. dollars from 1.3255 U.S. dollars. The Australian dollar decreased to 0.7674 U.S. dollar from 0.7698 U.S. dollar.
The U.S. dollar bought 113.93 Japanese yen, higher than 113.72 yen of the previous session. The U.S. dollar gained to 0.9967 Swiss franc from 0.9888 Swiss franc, and it edged up to 1.2839 Canadian dollars from 1.2805 Canadian dollars.
The marginal lending rate and deposit rate remain at 0.25 percent and minus 0.40 percent respectively, according to the ECB.
As regards non-standard monetary policy measures, purchases under the asset purchase programme (APP) will continue at the current monthly pace of 60 billion euros (about 70.8 U.S. dollars) until the end of December 2017.
From January 2018 the net asset purchases are intended to continue at a monthly pace of 30 billion euros (about 35.4 U.S. dollars) until the end of September 2018, or beyond.
The shared currency declined over 1.2 percent against the U.S. dollar after the announcement. The dollar index, which measures the greenback against six major peers, was up 0.94 percent at 94.590 in late trading.
In late New York trading, the euro fell to 1.1668 U.S. dollars from 1.1810 U.S. dollars, and the British pound declined to 1.3165 U.S. dollars from 1.3255 U.S. dollars. The Australian dollar decreased to 0.7674 U.S. dollar from 0.7698 U.S. dollar.
The U.S. dollar bought 113.93 Japanese yen, higher than 113.72 yen of the previous session. The U.S. dollar gained to 0.9967 Swiss franc from 0.9888 Swiss franc, and it edged up to 1.2839 Canadian dollars from 1.2805 Canadian dollars.
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