- Euro area growth risks remain on the downside, says Mario Draghi at his press conference (webcast) following the ECB decision to leave policy unchanged. The most recent signs points to a somewhat weaker economy in Q3, he adds.
- In other comments, Draghi says there was a discussion of a rate cut and gives a nod towards a euro acting somewhat strong of late, saying the exchange rate is important for the growth outlook. He says he's "closely monitoring."
- For whatever reason, the euro (FXE) moves higher as the press conference moves on, now +0.3% at $1.3570.
- Other euro ETFs: ERO, ULE, URR, EUO, DRR, EUFX.
Euro moves higher as Draghi gives press conference
Oct 2 2013, 08:52 ET