EUR/USD Holds Gains at 1.3860 after ECB

The euro hovered near a two-month high against the dollar early on Friday following a relief rally when the European Central Bank left its interest rates unchanged.

Caution ahead of the closely-watched U.S. nonfarm payrolls later in the day was seen capping further gains.

The ECB left interest rates unchanged on Thursday and ECB President Mario Draghi told a news conference that economic conditions in the region did not require a shift in monetary policy.

Reuters

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