Publications
Partners
London - The euro dived on Monday to a new 11.5-year low against the dollar as the European Central Bank kicked off its radical €1.1trn bond-buying programme, known as quantitative easing.
Sentiment was also weighed down by concerns over Greece, with Athens due to present its reform plans to Brussels in order to secure a financial lifeline.
In Asian trading hours, the shared eurozone unit sank to $1.0823, last seen in September 2003, having hit a similar low on Friday as upbeat US payrolls data boosted expectations for a Federal Reserve rate hike.
