Euro extends losses versus dollar, falls below $1.30
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.
- Tweet this
- Share this
- Digg this
Trending On Reuters
Online Grocery Shopping
Put off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers like Bigbasket.com and Localbanya.com turn in profits while supermarkets are struggling. Full Article