European stocks remain higher in the 1% area following the ECB rate decision, but the euro leaps...

|By:, SA News Editor

European stocks remain higher in the 1% area following the ECB rate decision, but the euro leaps another 20 pips to $1.2632. Unchanged may be a tiny bit of a surprise, but Draghi and others have made clear they no longer see the policy rate as an effective tool for stimulus.