The euro weakened against the dollar on Monday following the European Central Bank President Mario Draghi’s comments suggesting continued economic feebleness in the eurozone. According to Draghi, “Available indicators signal further weakness at the beginning of 2013, with domestic demand remaining dampened. This is due to weak consumer and investor sentiment and to the necessary balance sheet adjustments in both the public and private sectors. Foreign demand also remains subdued.” The EUR/USD dropped to 1.3340 from 1.3360, after Draghi’s comments.