Euro Strengthens After ECB Leaves Key Rate Unchanged
December 05, 2013 at 12:58 PM EST
The euro strengthened against the U.S. Dollar to its highest levels in over a month after Thursday's European Central Bank press conference. At the conference in Frankfurt, ECB President Mario Draghi said the central bank lowered inflation expectations, forecasting inflation at 1.1 percent in 2014. The ECB target for inflation is