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Summary Euro fell against dollar as ECB head didnt offer new measures to help Europe's economy.
The euro is falling against the dollar after the head of the European Central Bank didnt offer any concrete new measures to help Europes economy.Traders had expected the central banks president, Mario Draghi, to announce some sort of plan after he said last week that he will do whatever it takes to save the euro.The euro fell to $1.2178 in afternoon trading from $1.2233 late Wednesday.The British pound fell to $1.5515 from $1.5552. The dollar rose to 0.9863 Swiss franc from 0.9821 Swiss franc.The dollar fell to 78.23 Japanese yen from 78.47 yen.
