The euro (FXE) remains well-bid following the ECB standing pat. Few had expected a move given...

|By:, SA News Editor

The euro (FXE) remains well-bid following the ECB standing pat. Few had expected a move given the bank had cut rates 25 bps to 0.5% just one month ago. The common currency is up 0.2% at $1.3117, its highest level in a month. Mario Draghi's press conference begins at 8:30 ET.