ECB Cuts Rates By 25 bps, Less Than Expected (DailyFX)

[DailyFX]

The European Central Bank (ECB) cut its benchmark interest rate by 25 bps to 1.25 percent, a new historical low. The EUR/USD rallied after the rate announcement...http://feeds2.feedburner.com/~r/dailyfxrss/~4/_rZpBEtlw6A

complete story here... (http://feedproxy.google.com/~r/dailyfxrss/~3/_rZpBEtlw6A/ECB_Expected_to_Cut1238672300967.html)