ECB moving to 6-week meeting cycle next year

|By:, SA News Editor

Beginning in 2015, the European Central Bank will begin holding policy meetings every six weeks (similar to the FOMC) instead of every four, says Mario Draghi at this month's post-policy meeting press conference.

Previously: ECB on hold for July

The euro is lower by 0.3% to $1.3620, following the strong U.S. jobs number.

Previously: Treasury yields jump, gold slumps after strong jobs print

ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR