Markets · 2 hours ago Aug. 25, 2014: Euro slides to its weakest since Sept. 2013 as softer oil and Draghi remarks lift ECB easing expectations
On Aug. 25, 2014, the euro traded near $1.319 after touching about $1.3185, its lowest level since September 2013, as Mario Draghi said the ECB could use all available tools if euro area inflation weakened further. Brent moved toward $102, German Ifo business climate fell for a fourth straight month, major euro zone stock indexes gained and Spanish, Italian and Portuguese bond yields declined.