Euro hits 7-month low, pressured by ECB stimulus expectations

The euro extended its losses and hit a seven-month low against the dollar on Monday, pressured by expectations that the European Central Bank will ramp up its monetary stimulus next month. 

PHOTO: BLOOMBERG

NOV 23, 201510:08 AM

[SINGAPORE] The euro extended its losses and hit a seven-month low against the dollar on Monday, pressured by expectations that the European Central Bank will ramp up its monetary stimulus next month.

The euro slipped to US$1.0610 on trading platform EBS at one point, its lowest level since April.

REUTERS