: :inin Kyiv (EET)

Euro dips after ECB signals more stimulus


NEW YORK (AFP) – The euro slipped against the dollar Thursday after the European Central Bank signaled further stimulus could soon be on the way for the eurozone.In volatile trade, the euro tumbled to a two-week low of $1.0778, before regaining its footing at $1.0878 around 2200 GMT.Nevertheless, that was weaker than the $1.0890 trade at the same time Wednesday.The shared currency dived following the ECBs announcement after a monetary policy meeting that it would hold the current easy-money course, as expected, and remarks by ECB chief Mario Draghi.Draghi, in the post-meeting news conference, suggested the potential for additional stimulus …read more

Source: Dunya TV

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