FXstreet.com (Barcelona) - The Euro is trading higher today's European session against the Pound after rising around 55 pips from 1.0940 to reach intra-day high at 0.9095. In the minutes following the unchanged ECB rate decision, the EUR/GBP is trading around 0.9085/95, 0.50% above today's opening price action.

The European Central Bank Monetary Policy Committee has decided to leave its Refi Rate unchanged at 1.0% after its monetary policy meeting. Now all the eyes are set on the press conference Mr. Trichet will hold later at 13:30 GMT for hints about the bank's assessment about quantitative easing measures and how the ECB will begin the exit process.

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