Around 0900 GMT, the euro bought 1.2218 dollars, against 1.2238 dollars on Tuesday to 2100 GMT, after falling to 1.2208 dollars around 7:40 GMT, its lowest level since early July 2010.
The dollar also fell against the yen at 79.34 yen against 79.74 yen late Wednesday.
"The single currency fell to a new low for two years against the dollar after the confirmation within minutes of the FOMC (the Monetary Policy Committee of the Fed, ie) that new asset purchases were not in Agenda of the meeting, "commented Craig Erlam, an analyst at Alpari UK.
The minutes of the meeting showed that indeed the institution was ready to "further action" in favor of growth but remained divided on their nature and especially when to intervene, despite signs of slower recovery of the world's largest economy and labor market always dull.
Traders were expecting that to be discussed further injections of liquidity into the U.S. economy, which have the effect of diluting the value of the dollar and thus make it less attractive to speculative investors.
In addition, "investors remain nervous before the report on Chinese growth expected Friday, and that should point to a hard landing of the second world economy (and engine of the global recovery, ed) by reporting the weakest expansion since the beginning of the crisis, "noted Anita Paluch, an analyst at Gekko Markets.
Investors worried about the strength of world economic growth and fled Thursday assets deemed at risk, as the single European currency, to favor the safe haven that is the dollar and the yen.
Around 0900 GMT, the pound sterling remained almost stable against the euro at 79.01 pence per euro, and declined slightly against the greenback at 1.5464 dollar.
The Swiss franc was stable against the euro, Swiss franc to 1.2009 per euro, and retreated against the greenback at 0.9828 Swiss francs to the dollar.
The ounce of gold was 1,567 against $ 1,577 dollars on Wednesday evening.
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