10-03-2016 21:35 via news.yahoo.com

Euro rallies on ECB's Draghi rate-cut remark

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - The euro jumped to a three-week high against the dollar on Thursday, rallying from a six-week low after European Central Bank (ECB) President Mario Draghi said he did not anticipate more interest rate cuts to revive a sluggish euro zone economy. Europe's shared currency earlier fell 1.6 percent against the greenback as the ECB unleashed a raft of measures, many of which the market had not expected, to stimulate euro zone growth and inflation. The
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