LONDON, Nov 6 (Reuters) - The euro fell broadly and Bund futures slipped after the European Central Bank cut its benchmark interest rates by 50 basis points on Thursday, which was widely expected but had a smaller impact after the Bank of England made a hefty rate cut earlier. The euro fell 1.5 percent at $1.2756 while it was also down 1.2 percent against the pound at 80.38 pence . "I'm not surprised to see euro/sterling falling," said Adam Cole, global head of currency strategy at RBC. "One thing that markets like at the moment are decisive, pro-growth policies, which is what we got from the BoE and what we're not getting from the ECB, which is weighing on the euro." At 1253 GMT, the December Bund future FGBLc1 was up 59 ticks on the day at 117.66 compared with 117.71 before the ECB rate decision. The interest rate-sensitive two-year Schatz yield pared earlier falls, last seen at 2.37 percent, down 14 basis points on the day and compared with 2.309 percent before the ECB move. Euribor interest rate futures <0#FEI:> also trimmed earlier gains and were last up as much as 20 ticks across the 2009 strip, having earlier risen by up to 33 ticks. European shares extended losses, with analysts saying market players had hoped for a heftier cut. By 1259 GMT, the FTSEurofirst 300 index of top European shares was down 3.3 percent at 922.22 points, but did not reach its earlier low of 911.3 points. (Reporting by London markets team)

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