1302 GMT - The European Central Bank's rate decision--a 25-basis-point hike as expected--offered little to EUR/USD that markets hadn't already anticipated, J.P. Morgan Private Bank's Patrick Ernst says. "The dollar [is] likely to remain in the driving seat from here, the macro investment strategist says. A "hot" U.S. CPI print ahead of next week's Federal Reserve interest-rate decision "could erode some of the pair's recent move higher," Ernst says. The August U.S. CPI data is due for release on Friday. The euro falls 0.2% to $1.1607 after headline U.S. PPI data for August came in slightly above expectations.
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