On Thursday, the euro fell against the dollar, reaching again the seven-month low, amid increased expectations that the European Central Bank will announce further measures of monetary stimulus at its meeting next week.
EUR/USD fell 0.13% to 1.0610, approaching the Wednesday lows of 1.0565, its lowest level since April 14.
The euro remained under pressure amid high expectations that the ECB will implement fresh measures to fight the economic slowdown and inflation in the Eurozone.
At the end of last week, ECB President, Mario Draghi, clearly indicated the possibility of new mitigation measures, saying that the bank is ready for rapid actions to boost inflation in the Eurozone.
Earlier, euro fell to a seven-month low against the yen, EUR/JPY reaching 129.89, but later recovered to 130.14.
The optimistic US economic reports on durable goods and applications for unemployment benefits, released on Wednesday, highlighted the difference in forecasts for monetary policy of Fed and the ECB.
The US central bank is expected to raise interest rates for the first time in almost ten years, at its meeting in December.
The US interest rates hike will increase the attractiveness of the US currency for investors seeking for profits.
The dollar fell against the yen in holiday trading; USD/JPY has weakened by 0.11% to 122.62.
The USD index, which tracks the US currency against a basket of six major rivals, is traded at 99.9, near the Wednesday peak at 100.21.
On Thursday, the Australian dollar fell in Asian trading after the release of disappointing Australian statistics.
The AUD/USD pair is traded at 0.7233, down 0.26%, while NZD/USD has changed direction and is traded at 0.6584, up 0.09%, after a decline earlier on trade data.
Private new investments in Australia collapsed for the third quarter by 9.2% compared with an expected fall of 3.0%.
Earlier, New Zealand reported that its trade balance for October showed a deficit of NZ $ 963 million in monthly terms and NZ $ 3.24 billion in annual terms, slightly better than forecasts.