Stocks, euro slump after ECB's Draghi comments
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* ECB's Draghi says will monitor impact of rising euro
* Euro drops sharply versus dollar, yen
* U.S., European shares fall, Irish yields at multi-year lows
Major stock markets fell on Thursday and the euro hit a near two-week low against the dollar after the European Central Bank's chief said policymakers will monitor the impact of a rising currency and cited downside risks to the bloc's economy.
On Wall Street, shares came under pressure, with traders citing technical factors and the less-upbeat comments on the economy from ECB President Mario Draghi. U.S. stocks have been on an uptrend so far this year, with the S&P 500 up more than 5 percent.
U.S. Treasury prices rose as the retreat in stocks lifted safe-haven demand. Irish government debt rallied, with yields falling to their lowest since early 2007 after Dublin reached a deal that will reduce its borrowing costs.
The ECB left its main interest rate at 0.75 percent. In a post-meeting press conference, Draghi said the exchange rate was not a policy target, but is important for growth and price stability.
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