Euro dips versus dollar as ECB's Draghi speaks
NEW YORK Dec 6 (Reuters) - The euro erased gains against the dollar in early trade on Thursday after European Central Bank President Mario Draghi started his news conference following the bank's decision to keep interest rates on hold.
Draghi said economic weakness in the euro zone is expected to extend until next year and that inflation is expected to fall below 2 percent in 2013.
The euro traded as low as $1.3059, and was last at $1.3069, little changed on the day.
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- Doctor with Ebola in New York hospital after return from Guinea |
- Exclusive: Charred tanks in Ukraine point to Russian involvement
- Ground offensive against Islamic State months away in Iraq: U.S.
- New York police officer critically wounded in hatchet attack