10-03-2016 14:02 via news.yahoo.com

Euro dives as ECB pulls out stops in growth push

By Patrick Graham LONDON (Reuters) - The euro sank a full cent against the dollar on Thursday after the European Central Bank unveiled a raft of measures, many of them not expected by markets, to stimulate growth and inflation in the euro zone. The ECB cut its marginal and refinancing rates as well as making a widely expected 10 basis point cut in deposit rates. Expectations had been high that ECB policymakers would deliver a telling blow in the central bank's campaign to get inflation rising ag
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