Euro drops to 9-year low on ECB outlook

Source: Bloomberg
© Scanpix/AP
The common currency slid to the lowest level in nine years against the Dollar on speculation the ECB is going to start quantitative easing program. The shared currency fell 0.4% to $1.1959 at 8:56 a.m. in London after touching $1.1864, the weakest since March 2006. Moreover, the Euro dropped 0.5% to 143.92 against the Yen.
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