FOREX-Euro heads for worst quarter ever, skids on Greece worries

March 31, 2015 2:08 PM

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LONDON, March 31 (Reuters) - The euro skidded to a 10-day low against the dollar on Tuesday, leaving it on track for its worst quarter ever, as investors bet the monetary policies of the euro zone and the United States increasingly would diverge.

The euro has fallen 11 percent against the dollar since the start of January, driven by the European Central Bank's launch of a 1.1 trillion-euro quantitative easing programme and the contrasting expectations the U.S. Federal Reserve will start raising interest rates this year.

Also read: Deutsche Bank makes 278 million euros, strengthens buffers

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