The euro extended its unrelenting fall, dropping 1 percent to below $1.06 for the first time in 12 years as the ECB's QE program hammered bond yields.
Here's why the euro will continue to weaken, Deutsche Bank's George Saravelos told CNBC.
The euro hit a 12-year low against the dollar after falling below $1.07 as the ECB continued its QE program.
The euro sank below $1.08 for the first time in almost 12 years, as the latest round of dollar gains brought into focus a run towards parity.
The dollar jumped to an 11-1/2 year high as U.S. employment growth bolstered market sentiment that the Fed was closer to raising interest rates.
The euro fell on Thursday below $1.10 for the first time since 2003 and the U.S. dollar added to gains.
The dollar reached highs on Wednesday on solid U.S. jobs and business data, as the euro sank below $1.11 to an 11-1/2 year low.
The dollar softened on Tuesday after touching an 11-year high against major currencies.
The dollar edged up with the greenback touching an 11-year peak despite soft economic data.
The dollar index ended stayed on track for a record eighth month of gains on improving data and comments from Fed officials.
The dollar rose to a one-month high as data on U.S. inflation and business orders and Fed officials' remarks.
Toronto former Mayor Rob Ford is auctioning off several items on eBay, including the necktie he wore on the day he admitted to smoking crack cocaine.
The dollar edged down after Fed Chair Janet Yellen held back from giving a clear view on when the Fed may begin raising interest rates.
The dollar edged down against the yen Janet Yellen suggested the Fed won't be rushed into kicking off the U.S. interest rate tightening cycle.
The Swiss franc shed over 1 percent against the dollar, dropping towards five-week lows as some of the Greece-related safety flows waned.
The euro jumped against the dollar in midday trading on reports that a deal had been reached between Greece and the European Central Bank.
The dollar recovered on talk the Swiss National Bank was buying the greenback.
The euro recovered from initial losses, helped by a bounce in German investor sentiment.
The euro inched higher ahead of a meeting of euro zone finance ministers that investors expect will find enough common ground to support Greece.
The euro edged higher on Friday, putting it on course for a third straight week of gains, its best performance in just under a year.