New York: The euro fell against the dollar for the first day in four on speculation the European Central Bank will signal its currency’s 22% surge in the past year threatens the region’s economic recovery.

Share prices closed the morning lower tracking the overnight falls on Wall Street amid caution in the lead up to the first anniversary of the Sept 11 terrorist attacks next week, dealers said.

Share prices closed the morning lower in listless trade, with investors waiting for the outcome of the US FOMC meeting tomorrow and the interim results announcement from China Mobile on Wednesday, dealers said.