Euro Sinks to fresh 9-year low against US$ Thursday Jan 08,2015

 

The Euro has hit a fresh nine-year low against the dollar, in part after a surprise decrease in German manufacturing.

German Factory Orders fell by 2.4% in November compared with the previous month, worse than expected.
The Euro dropped below $1.176, before recovering slightly.
Analysts said increased speculation about extra stimulus measures to combat eurozone deflation also played a part in the euro's drop