Euro settles above 1.19 against dollar

Euro titled higher in American trade against the dollar following a spate of data from the euro zone and the US, including European Central Bank President Mario Draghi's speech at the European Systemic Risk Board annual conference, in Frankfurt.

As of 04:16 GMT, EUR/USD rose 0.24% to 1.1920 from the opening of 1.1892, with an intraday high at 1.1929, and a low at 1.1866. 

Earlier, ECB president said that financial risks decreased on the real economy, noting that monetary policy affected the whole region, and economic growth will underpin the banking sector, which in turn became stronger recently. 

Otherwise, earlier US data showed a drop in unemployment claims, while the Philly manufacturing index widened unexpectedly in September, as the house price index accelerated below expectations in July.  

Yesterday, Federal Reserve policymakers voted to hold overnight interest rates unchanged at between 1.00% and 1.25% in line with expectations in today's Federal Open Market Committee meeting, while announcing the start of the process to normalize the balance sheet from October.