Euro near day's highs after ECB outcome

London

THE euro held most of its gains against a broad swathe of currencies on Thursday after the European Central Bank (ECB) reaffirmed its ultra-easy policy stance, with markets shifting focus to Mario Draghi's comments at a press conference shortly.

"The statement was a controlled copy and paste from the previous one and the focus shifts to the press conference where Draghi might talk about the currency's strength," said Viraj Patel, an FX strategist at ING in London.