LONDON, July 23 The euro hit an 8-month low
against the dollar on Wednesday on diverging interest rate
outlooks for the United States and euro zone and a view that the
euro zone economy would be hurt by further sanctions on Russia.
The euro's weakness was broad-based. It hit its lowest since
August 2012 against the British pound - 78.83 pence,
with some investors positioning for hawkish minutes from the
Bank of England later in the day.
Against the dollar, the euro fell to $1.3455, its
lowest since November 2013 and investors expected more losses in
coming days. The euro was also down 0.2 percent at 136.45 yen
(Reporting by Anirban Nag, editing by Nigel Stephenson)