"Incoming information…confirms the strong and broad-based growth momentum in the Euro Area economy, which is projected to expand in the near-term at a somewhat faster pace than previously expected," Draghi said. Late in the session, President Trump imposed import tariffs on steel and aluminum, while softening his stance by announcing exemptions for Canada and Mexico, and leaving open the chance for other countries to obtain their own. The Euro gave up all of its early gains against the dollar to finish lower after Draghi said monetary policy would remain "reactive" and that measures of underlying inflation were still subdued.