The Euro stayed near its recent lows against the dollar on 27th March 2014 induced by the comments from European Central Bank about reviving the speculation about further monetary easing to avoid potential deflation.
The Euro held its level at $1.3784, lingering dangerously near a low of $1.3749, a level at which the currency will trade at one of its lowest level since 6th March 2014. Against the pound, the Euro slid down to its 2 week low in early trade, descending to 0.8311 pound.
The Euro hit 3 week low of 140.28 against the yen on the trading platform EBS. This level was last seen before this month's ECB policy meeting. In the late U.S. trade on 26th March, the Euro was seen trading down 0.2% at 140.40 yen.
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