The ECB leaves its interest rate peg at 1%, as expected. Markets will now look to Trichet's...

|By:, SA News Editor

The ECB leaves its interest rate peg at 1%, as expected. Markets will now look to Trichet's 8:30am ET press conference for comments on the dramatic drop in money market liquidity after banks slashed their use of ECB loans, and the debt market woes of Ireland and Portugal.