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Euro nears 11½-year low ahead of QE plan

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The euro hovered near an 11½ year low against the dollar on Thursday as investors waited for the European Central Bank to announce more details of its massive bond-buying programme.

London

THE euro hovered near an 11½ year low against the dollar on Thursday as investors waited for the European Central Bank to announce more details of its massive bond-buying programme.

The euro fell to US$1.1026 in Asia, its lowest since early September 2003. It last traded at

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