ADVERTISEMENT

Euro Falls to Lowest Since March as Draghi Guarded on QE Course

Euro Falls to Lowest Since March as Draghi Guarded on QE Course

(Bloomberg) -- The euro fell to its lowest level since March after European Central Bank President Mario Draghi signaled Thursday quantitative easing won’t come to an “abrupt” end.

The euro dropped to as low as $1.0912 as of 10:55 a.m. in Tokyo, the weakest level since March 10.

To contact the reporter on this story: Naoto Hosoda in Tokyo at nhosoda@bloomberg.net. To contact the editor responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net.