The euro came under pressure on Monday after Greece's leftist party Syriza won Sunday's snap election by a larger-than-expected margin, snatching at least 149 seats in the 300-seat parliament.
The common currency fell as low as $1.1098 in early Asian trade – its lowest level in 11 years – but rebounded to $1.1184 by 1345 SIN/HK.
Last Friday, the euro fell to new lows against the greenback on the back of the massive bond-buying package the European Central Bank unleashed on Thursday. Other forces including a strengthening U.S. economy and renewed fighting in eastern Ukraine will likely push the euro lower, analysts say.
In light of this, how quickly do you think the euro will hit parity with the U.S. dollar?