Euro flat as Draghi highlights risks, US CPI helps dollar
Thursday, 11 April 2019 01:20 WIB | PRECIOUS METALS | Indeks Dolar Euro

The euro fell on Wednesday as European Central Bank President Mario Draghi underscored the risks facing the euro zone economy, reinforcing bets on possible further stimulus to prevent the region from slipping into recession.

The dollar enjoyed a respite from recent selling as government data showed the biggest one-month jump in U.S. consumer prices in 14 months in March.

At 1:00 p.m., the euro was 0.11% higher at $1.1273 and was down 0.27% at 124.855 yen.

The greenback, which was mainly lifted by the pullback in the euro, was also bolstered by the latest reading of the U.S. consumer price index.

Source: CNBC


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