Draghi sends eurozone stocks higher, euro lower

European stock markets rebounded while the euro slumped after ECB chief Mario Draghi signalled that the time had not yet come to wind down unprecedented stimulus measures. In the eurozone, Frankfurt's DAX 30 index rose 0.3 percent and the Paris CAC 40 added 0.1 percent in afternoon trading. As predicted, at its first policy meeting of 2017 the ECB kept interest rates at record lows and made no changes to its asset-purchasing scheme, which is designed to encourage spending and investment in a bid