The euro gives up sizable gains and turns lower and European stocks add to gains as Mario Draghi - at his post-ECB decision press conference - calls it too soon to declare victory over the eurozone crisis. The economy is recovering, but there are factors afoot which could undermine it - among them a falling inflation rate and a tightening in money markets. He reiterates the bank's intention to use all available instruments as necessary.
The euro is down about 70 pips since he started speaking, now off 0.1% on the session and buying $1.3562. The Stoxx 50 is ahead by 0.7%.
Earlier: The ECB leaves policy unchanged.