EURINR trading range for the day is 70.71-71.06. Euro remained supported after European Central Bank President Mario Draghi struck a more upbeat tone on the outlook for the recovery in the euro zone.
The ECB kept interest rates unchanged at the outcome of its meeting earlier and reiterated they can be cut again in the future if necessary. The ECB also repeated that it stands ready to extend the size or the duration of its asset purchase program if the economic outlook worsens.
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