Euro slumps to nine-year low as QE bets climb

Note: This section contains information in English only.
Source: Investing.com
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 territory since 2009. The Euro was also weaker against the Yen, the lowest in seven weeks, with EUR/JPY reaching 143.90, down 0.48%.

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