Reuters: US Dollar Report: FOREX-Euro surrenders gains as ECB cuts growth forecast

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FOREX-Euro surrenders gains as ECB cuts growth forecast Sep 6th 2012, 12:43 NEW YORK, Sept 6 | Thu Sep 6, 2012 8:43am EDT NEW YORK, Sept 6 (Reuters) - The euro surrendered gains against the dollar on Thursday after the European Central Bank President Mario Draghi said at a press conference that ECB staff had cut their growth forecast for the euro zone. The euro was last at $1.2594, little changed on the day. The euro became volatile as Draghi began speaking.

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