NEW YORK: The euro slumped Thursday after the European Central Bank signaled it could wield additional stimulus to fight persistent ultra-low inflation and weak growth in the eurozone.
Euro coins are seen in this photo illustration taken in Rome…Euro coins are seen in this photo illustration taken in Rome, December 9, 2011. The euro fell to a one-month low versus sterling on December 12, 2011 as a lack of decisive action from EU leaders and the European Central Bank to fix the euro zone’s debt crisis in the near-term forced investors to broadly sell the single currency. Picture taken December 9, 2011. REUTERS/Tony Gentile (ITALY – Tags: BUSINESS)