The euro flipped into positive territory during the European Central Bank's news conference on Thursday, as ECB President Mario Draghi said the economy was expanding at a robust pace. Versus the U.S. dollar, the euro jumped to a new high since December 2014, last buying $1.2495.
The shared currency defended the move even as Draghi said volatility in foreign-exchange markets warranted monitoring. The ECB left its monetary policy unchanged earlier and reiterated that interest rates will remain low for a prolonged period of time. The euro also turned positive versus the British pound strengthening 0.2% to £0.8732, and the Japanese yen up 0.3% at 135.92 yen.
Source : Marketwatch