2015.09.1102:54:56UTC+00Euro rallies despite uncertainty on Fed rate hike

The euro soared Thursday for its sixth consecutive session, as weak US import-export figures further confused traders on the timing of Federal Reserve's interest rate increase.

According to the Bureau of Labor Statistics, import prices slipped by 1.9% in August from 0.9% in July. Export prices fell 1.4% from 0.4%.

The common currency settled at $1.1279 per US dollar. Against the Japanese yen, the currency traded at ¥136.45.

Meanwhile, the Federal Open Market Committee is closely monitoring temporary headwinds curbing inflation as it votes on whether to hike rates at next week's two-day policy meeting.