NEW YORK, Feb 5: The euro fell against the dollar and the yen on Tuesday after weak eurozone service sector data fed expectations that the European Central Bank might have to cut interest rates to shore up growth.
In midmorning trading in New York, the euro was down about 1.2pc at $1.4648, on track for its steepest one-day fall in two weeks.
The euro’s weakness against the dollar helped lift the greenback across the board.
Against the yen, the dollar traded little changed on the day at 106.85 yen.—AFP
