IBTimes -
5 Jan 2015 05:31
(Reuters) - The euro hit a nearly nine-year low versus the dollar on Monday as investors bet on quantitative easing by the European Central Bank while Asian shares were subdued as soft manufacturing surveys soured the mood. The euro fell to as low as $1.18605, its weakest level since March 2006, having fallen below an important support at $1.20. The common currency last traded at $1.1944, down 0.5 percent from late U.S. trade on Friday.
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