The euro has tumbled to its lowest level against the US dollar since 2004.
It comes on foot of measures by the European Central Bank (ECB) to try to boost the Eurozone economy.
ECB President Mario Draghi announced the full-scale quantitative easing programme on Thursday in a move which is set to see €1.26 trillion being injected into the Eurozone economy.
The debt-buying initiative will see €60 billion worth of debt-buying per month over an 18-month period, something which will allow banks and other financial institutions to lend more money.