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Euro Rises Following ECB Decision

As expected, the European Central Bank kept its main refi rate at a record low of zero percent and the deposit rate at -0.40 percent.

After the decision, the euro advanced against its major rivals.

The euro was trading at 1.2398 against the greenback, 131.71 against the yen, 1.1722 against the franc and 0.8934 against the pound around 7:46 am ET.

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