NEW YORK Dec 6 The euro erased gains against the dollar in early trade on Thursday after European Central Bank President Mario Draghi started his news conference following the bank's decision to keep interest rates on hold.
Draghi said economic weakness in the euro zone is expected to extend until next year and that inflation is expected to fall below 2 percent in 2013.
The euro traded as low as $1.3059, and was last at $1.3069, little changed on the day.
Trending On Reuters
Uber vs Ola
A flurry of complaints from Uber drivers about an unusually high number of cancelled bookings was the spark that ignited a bitter legal fight with Ola, Uber's rival for dominance of India's $12 billion taxi market, according to court documents and a source with direct knowledge of Uber's case. Article