Central bank’s move sends euro to 11-year low

Stock markets climb and bond yields fall as euro hits lowest value against dollar in 11 years as a result of ECB stimulus packageThe euro hit an 11-year low against the dollar on Friday as financial markets continued to digest the effects of the European Central Bank’s unprecedented €1.1tn quantitative easing stimulus package.Analysts said the euro, which has dived 7% since the start of the year, was on track for its biggest monthly fall against the dollar since the depths of the financial c