Euro falls back from 2 1/2-month highs

London

THE euro pulled back from 2 1/2- month highs on Monday as a US-Mexico deal over migration boosted the dollar and sources said European Central Bank policymakers were open to cutting the ECB's policy rate should economic growth worsen.

The single currency rocketed last week after the ECB did not - as some had anticipated - hint at interest rate cuts, instead saying rates would stay "at their present levels" until mid-2020.