The euro traded at $1.0581 EUR=, down 0.1 percent on Monday and 3.8 percent on the month, edging near a seven-month low of $1.0565 touched on Wednesday.
The prospects of an ECB easing also is putting pressure on the central bank of Switzerland, surrounded by euro zone countries, to take similar actions to stem any strengthening in the Swiss franc.
That pushed the franc to a five-year low of 1.0328 franc to the dollar on Friday. It last stood at 1.0316. CHF=.
In contrast, the dollar is supported as the Federal Reserve is widely tipped to hike U.S. interest rates at its mid-December policy meeting. The dollar index =USD .DXY rose to an eight-month high of 100.23.
The yen stood little changed at 122.73 yen JPY=, largely shrugging off data showing Japan's industrial output rose slightly less than expected in October.
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