Euro extends losses versus dollar, falls below $1.30

NEW YORK Thu Dec 6, 2012 8:35pm IST

NEW YORK Dec 6 (Reuters) - The euro extended its declines against the dollar to trade below $1.30 on Thursday after comments from European Central Bank President Mario Draghi stoked expectations of an interest rate cut.

The euro fell as low as $1.2987 on Reuters data, with losses accelerating after a break below $1.30. It was last at $1.2992, down 0.6 percent on the day.

Against the yen, the euro slid to 107.03 yen, down 0.7 percent on the day.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

India Economy

REUTERS SHOWCASE

Reliance Projects

Reliance Projects

Exclusive: Reliance plans $13 billion projects including new refinery.  Full Article 

Pharma Sector

Pharma Sector

In race for bigger margins, drug makers willing to lose the India "advantage".  Full Article 

Low Stocks

Low Stocks

Indian power station coal stocks lowest since 2012 blackouts.  Full Article 

Markets This Month

Markets This Month

Tata Motors, M&M top Sensex gainers  Full Article 

Google Drones

Google Drones

Google is testing unmanned drones to deliver anything from dog food to medicine.  Video 

#RiceBucketChallenge

#RiceBucketChallenge

In India, rice replaces ice in bucket challenge.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage