Euro eases as ECB mulls over Brexit

The euro reached a three-week low after the ECB president Mario Draghi refrained from announcing any expansion to its bond-purchase programme and said officials will wait until the economic impact from Brexit is clearer.

The single currency weakened against most of its major counterparts.

While economic risks are tilted to the downside, eurozone markets have weathered recent volatility well and financing conditions remain “highly supportive,” Mr Draghi said at a news conference in Frankfurt.