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Euro trims gains following Bloomberg report on ECB
September 6, 2017 / 4:54 PM / 3 months ago

Euro trims gains following Bloomberg report on ECB

NEW YORK (Reuters) - The euro pared its earlier gains against the dollar on Wednesday in the wake of a Bloomberg report, citing euro-area officials familiar with the matter, that the European Central Bank was unlikely to reach a decision on reducing its bond purchase before October.

U.S. Dollar and Euro notes are seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration

At 12:37 p.m. (1637 GMT), the single currency was up 0.1 percent at $1.1928, which was below its global session peak of $1.1949 earlier Wednesday, Reuters data showed.

Reporting by Richard Leong

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