Euro declines vs. dollar ahead of ECB meeting

Euro declined versus the dollar to the lowest since the start of June, after earlier data from the euro zone, and amid a lack thereof from the US, the world's largest economy. 

As of 04:30 GMT, EUR/USD fell 0.21% to 1.1255 from the opening of 1.1277, with an intraday high at 1.1282, and a week low at 1.1204. 

Earlier data from the euro zone's third largest economy showed Italian retail sales down 0.1% in May, compared to no-change in April, while analysts expected a 0.2% rise. 

Otherwise, markets await the European Central Bank's meeting tomorrow, expected to hold interest rates steady, after which ECB president Mario Draghi will hold a post-meeting press conference to unveil the bank's forecasts for growth and inflation, in addition to the future path of the asset purchase program.