NEW YORK ( TheStreet) -- Dovish comments from the European Central Bank in response to continued U.S. monetary stimulus outweighed positive news from German elections to push the euro lower on Monday.The Federal Reserve chose to keep its $85 billion monthly bond purchases unchanged last week, which led to a strong bid higher in the euro/U.S. dollar currency cross. With the Europe attempting to regain solid economic footing, a stronger currency is not conducive to growth. FXE). Mixed economic data also influenced the euro. The services industry outperformed expectations as manufacturing underperformed, leaving investors fearing an unven recovery.