LONDON—The euro fell on Friday below $1.10 for the first time in almost two years and hit a fresh seven-year low versus the Swiss franc as the war in Ukraine lowered expectations of European economic growth. The European single currency was down 0.8 percent to $1.0967, its weakest level since May 2020, after Russian forces seized the largest nuclear power plant in Europe after a building at the complex was set ablaze. Versus the Swiss franc, another safe haven, the euro fell 0.8 percent to 1.0066, its lowest since January 2015. The euro sank 0.4 percent against sterling to 82.56 pence, hitting its lowest level since July 2016. Analyst said the war and the effects of surging energy and gas prices will likely undermine European consumption and economic growth prospects. “Euro remains somewhat at the epicentre of risk aversion,” said Neil Jones, head of FX sales at Mizuho. Given surging …