February 5, 2018 / 4:23 PM / in 10 months

FOREX-Euro trims losses after Draghi's comments on euro zone economy

NEW YORK, Feb 5 (Reuters) - The euro pared some losses against the dollar on Monday after European Central Bank President Mario Draghi said the euro zone economy has strengthened enough to lift regional inflation towards the ECB’s 2-percent goal.

At 11:18 a.m. (1618 GMT), the single currency was down 0.40 percent at $1.2410, which was below a three-year peak of $1.2536 set on Jan. 25, Reuters data showed. (Reporting by Richard Leong)

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