NEW YORK (AP) — The euro is falling against the dollar after the head of the European Central Bank didn't offer any concrete new measures to help Europe's economy.
Traders had expected the central bank's president, Mario Draghi, to announce some sort of plan after he said last week that he will do "whatever it takes" to save the euro.
The euro fell to $1.2178 in afternoon trading from $1.2233 late Wednesday.
The British pound fell to $1.5515 from $1.5552. The dollar rose to 0.9863 Swiss franc from 0.9821 Swiss franc.
The dollar fell to 78.23 Japanese yen from 78.47 yen.