Euro, shares rise and Bunds fall on Draghi comments

The euro and European shares rose on Thursday and German Bund futures fell after European Central Bank President Mario Draghi said the central bank was ready to do whatever it takes to preserve the euro.

The euro turned positive on the day versus the dollar to hit a session high of 1.2177 dollars, from around 1.2130 dollars before the comments.

The FTSEurofirst 300 extended gains, rising 0.3 percent to 1,021.14 points by 1014 GMT. [Reuters]