ROME: The euro wallowed near its weakest level in over 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce more details of its massive bond-buying program.
The common currency eased 0.1 percent to $1.1065, holding just above Wednesday’s low near $1.1061, which was its lowest level since September 2003.
The ECB, which starts its quantitative easing (QE), or bond-buying, program worth more than 1 trillion euros this month, is expected to detail the plan later in the day following its policy meeting.
