NEW YORK (MarketWatch) -- The euro fell against the dollar Thursday morning after European Central Bank President Mario Draghi said monetary policy in the euro zone and the U.S. is on a "diverging path," and that interest rates would remain negative for much longer in Europe.
The euro (EURUSD) traded at $1.3364 Thursday morning, down from $1.3382 late Wednesday. The euro hit a nine-month low against the dollar Wednesday.
The shared currency was up slightly against the yen(EURJPY), trading at Yen136.76, compared to Yen136.63 late Wednesday. The euro was flat against the pound(EURGBP), trading at GBP0.7935, compared to GBP0.7940 Wednesday, while the dollar traded at GBP1.6833, from GBP1.6856 late Wednesday.
The Australian dollar fell to its lowest point against the U.S. dollar since early June after unemployment in Australia unexpectedly jumped to its highest level in at least a decade in July.
The Australian currency (AUDUSD) traded at 92.68 cents Thursday morning, compared to 93.49 cents Wednesday evening.
The ICE U.S. Dollar Index(DXY), a measure of the greenback's strength against six other currencies, was up at 81.4980, compared to 81.4440 Wednesday night.
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