The euro plunged to a one-month low against the dollar on Friday, as investors l...
- The euro plunged to a one-month low against the dollar on Friday, as investors looked for aggressive easing by the European Central Bank and ignored doubts by some policymakers about the need for more stimulus.
Poor euro zone economic data on Thursday reinforced views the ECB would cut its benchmark interest rate and announce a new round of quantitative easing at September’s meeting. German inflation slowed in August and unemployment rose, more evidence that Europe’s largest economy is slowing.
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