In European trading, the euro declined against the US Dollar, trading below the 1.0840 mark.
The EUR/USD currency fell lower in the European session, as the ECB President cautioned about potential weaker growth and downplayed the possibility of increased inflation. In Europe, German Yearly PPI Inflation data came in lower than expected (1.0% realised vs 0.7% expected). In the US, Initial Jobless Claims (224k exp) and Philadelphia Fed Manufacturing data for March (8.8 exp) will be released (12:30 GMT).