Euro decline nearly 12 year low against dollar.

The euro continued its decline on Tuesday, hitting a new 12-year low against the dollar, as Dallas Fed President Richard Fisher reiterated that the U.S. should promptly end its easy monetary policy and press ahead with an interest rate increase. So far this month, the euro has dropped more than 400 pips, or 3.63% against the dollar. The currency also felt pressure from lower euro zone debt yields after the ECB launched a €1T bond buying program yesterday. The euro is -0.9% to 1.0751.