Euro, European shares little changed after ECB holds rates

LONDON, April 4 Thu Apr 4, 2013 8:01am EDT

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LONDON, April 4 (Reuters) - The euro and European shares were little changed on Thursday after the European Central Bank left interest rates on hold, as had been widely expected.

Focus will now switch to a news conference by ECB president Mario Draghi at 1230 GMT. Draghi was expected to highlight a fragile euro zone economy and could hint at the possibility of monetary policy easing in the future.

The euro edged up marginally to around $1.2818 from $1.2810 before the decision, though it was still down 0.3 percent on the day. It was last at $1.2808.

The FTSEurofirst 300 index of pan-European shares was also little changed after the decision at 1,192.48 points.

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