At 7.30 am ET Thursday, the European Central Bank is set to issue the accounts of the monetary policy meeting of the Governing Council held on July 19 and 20.

The euro dropped against its key counterparts before the release.

The euro was valued at 0.9093 against the pound, 128.89 against the yen, 1.1322 against the franc and 1.1699 against the greenback as of 7:25 am ET.

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