Euro Stays Weaker as Draghi Says Some Growth Risks Materialized

The euro stayed weaker against the dollar as European Central Bank President Mario Draghi said some risks to growth have “materialized.”

The 17-nation currency slid 1 percent to $1.2398 at 1:33 p.m. London time, falling to less than $1.24 for the first time since June 4. The euro dropped 0.8 percent to 99.24 yen.

To contact the reporter on this story: David Goodman in London at

To contact the editor responsible for this story: Daniel Tilles at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.