Back to 1.1940 now
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BFW 01/04 22:33 *EURO PARES DECLINES TO TRADE AT $1.1938, DOWN 0.6% FROM JAN. 2 BFW 01/04 22:32 *EURO DROPS TO $1.1864, WEAKEST LEVEL SINCE MARCH 2006 BFW 01/04 22:32 *EURO DROPS TO AS LOW AS $1.1864, WEAKEST SINCE MARCH 2006 BN 01/04 22:31 *EURO DROPS TO AS LOW AS $1.1864, WEAKEST SINCE MARCH 2006
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Euro Drops to $1.1864, Weakest Since 2006, on Draghi Comments 2015-01-04 22:36:06.275 GMT
By Benjamin Purvis (Bloomberg) -- EUR/USD falls as much as 1.2%, trades at $1.1944 as of 7:33am Tokyo time, down 0.5% vs Jan. 2. * USD stronger against all G-10 currencies today * AUD/USD reaches new 4 1/2-yr low of 0.8065 as 15-yr Aussie bond yield drops to record 3.005% * “The euro remained firmly out of favor as markets bank on details of upcoming ECB quantitative easing being nailed down as soon as Jan. 22,” ANZ Bank said today in a research note. USD to extend gains as “roadblocks are expected to be few and far between on a journey towards a higher Fed Funds rate.”
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To contact the reporter on this story: Benjamin Purvis in Sydney at +61-2-9777-8657 or bpurvis@bloomberg.net
To contact the editor responsible for this story: Garfield Reynolds at +61-2-9777-8695 or greynolds1@bloomberg.net