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As expected, the European Central Bank left the refi rate at 0.00 percent and the marginal lending facility rate at 0.25 percent.
After the decision, the euro dropped against its major counterparts.
The euro was trading at 126.10 against the yen, 1.1354 against the franc, 1.1283 against the greenback and 0.8598 against the pound around 7:46 am ET.