London - The euro hit its lowest level for more than 11 years on Thursday, with investors awaiting key updates from the European Central Bank over its latest stimulus programme.
The euro slid to $1.1026 - the lowest level since September 2003. It later stood at $1.1046, down from $1.1080 late in New York on Wednesday.
"That advance for the dollar by default is of course in part due to the ECB," said Derek Halpenny, currency analyst at Bank of Tokyo-Mitsubishi UFJ.