Mon, 05 Jan 2015 09:59:07 GMT
Euro slumps to nine-year low as QE bets climb
On Monday the Euro dropped to a nine-year low versus the US Dollar among rising expectations that QE measures will be implemented by the ECB. The Euro was pressured lower by the strong US Dollar, with EUR/USD hitting 1.1858, the lowest since February 2006, while inflation is expected to decline 0.1%, which would be the first slide to the negative