The euro slipped in early trading
on Monday to lows not seen since 2006, touching $1.1864. The
euro had not seen that low since March 2006. It soon regained
some strength, trading at $1.1959 later in the morning. The euro
has been weakening since an interview with European Central Bank
President Mario Draghi was published last week, suggesting the
ECB was close to implementing quantitative easing. The measures
would be designed to stimulate the economy.
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