The EURUSD stabilized at 1.2180 levels near its lowest levels in almost four months, following the ECB's decision to keep its monetary policy with no change and the confirmation by ECB Governor Mario Draghi of the need for monetary easing.
The bank also kept the monetary stimulus program unchanged to continue buying 30 billion euros a month of bonds until the end of September 2018 or beyond as necessary. Draghi stressed the strength of the eurozone economy, which supports the Bank's vision that inflation will return to its target of 2% in the medium term.
US 10-year yields declined once again to 2.99%, so the US dollar fell against most rivals. Markets are looking for growth data in both the US and the UK.
