European markets seen slightly higher after ECB holds interest rates

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European markets seen slightly higher after ECB holds interest rates
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The latest guidance from the ECB comes shortly before an eagerly anticipated rate decision from the Federal Reserve.

Speaking to reporters at a press conference Draghi said the economic outlook was "getting worse and worse," citing a weak manufacturing sector as well as uncertainty over trade andPolicymakers at the central bank are also considering other measures to support the euro zone over the coming months, including resuming quantitative easing .

The euro stood at $1.1145 Friday morning, bouncing back from a session low of $1.1101 on Thursday — its lowest level since May 2017.Federal ReserveElsewhere, uncertainties over whether the world's two largest economies would be able to settle a long-running trade dispute kept many investors on guard.

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