Euro dithers after ECB meeting

Euro dithered today against the dollar following the meeting of the European Central Bank, at which it announced no new measures till next September. 

EUR/USD last traded at 1.1003, compared to the opening of 1.1013, with an intraday high at 1.1058, and a low at 1.0979, after the pair hit an three-week low yesterday at 1.0978. 

Euro's dithering comes amid tensions in the markets following the ECB meeting, at which it indicated interest rates will remain at their current record lows for a longer period of time after Britain's vote to exit the European Union. 

The dollar on the other hand stopped rising against a basket of major rivals, before the release of new upbeat housing data that pushed the dollar back up. 

The dollar index, gauging the greenback's performance against a basket of six major rivals, last traded at 97.09, compared to the opening of 97.11, with an intraday low at 96.72, and a high at 97.22, after the index rose yesterday to a four-month high at 97.33.