Dollar Down Vs. Pound in Europe
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The British pound hit a 26-year high against the U.S. dollar Tuesday, shooting above $2.04, after higher-than-expected inflation figures raised expectations of another hike in United Kingdom base rates. The dollar was up against other key currencies.Gold prices were mixed in European trading.The euro traded at $1.3783, down from $1.3784 late Monday. Later, in midday trading in New York, the euro fetched $1.3781.Other dollar rates in Europe, compared with late Monday, included 122.34 Japanese yen, up from 121.82; 1.2031 Swiss francs, up from 1.2021; and 1.0436 Canadian dollars, up from 1.0429. Read more
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The pound fell back against the dollar after a crucial US jobs report eased concerns about the state of the US economy.
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The dollar fell to a record against the euro Friday as traders bet the European Central Bank won&#39;t step in to weaken the 12-nation currency.
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The pound was also lower against both the dollar and the euro after a string of weak economic data in the morning.
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The U.S. dollar hit a new all-time low against the euro Friday for the fourth straight day, pushing the European currency above $1.33 amid concerns about the twin U.S. deficits and the lack of any central bank action to stop the dollar's decline.
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NEW YORK The dollar fell Monday to a record low against the euro, which spiked at $1.3640 in thin, technically driven post-Christmas trading.
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NEW YORK - The US dollar declined against the euro for the 10th week in 11 on speculation the European Central Bank will not halt the currencyâs slide.
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NEW YORK, Nov. 28 -- The U.S. dollar fell to a 20-month low against the euro Tuesday, the latest development in a year-long currency readjustment that could make some imported goods more expensive, but could also help American workers by boosting exports.
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The U.S. dollar fell to another new low against the euro Friday, pushing the European currency higher than $1.34 after U.S. employment data came in weaker than expected.
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The dollar held just off a record low against the euro on Monday, but downward pressure remained strong after a euro-zone minister showed little concern over the European currency&#39;s recent strength.
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NEW YORK The dollar fell sharply on Monday, dropping to within a cent of record lows against the euro as worries over the US economy persisted.
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The pound dropped sharply against the dollar on profit-taking after earlier gains, falling towards the 1.95 US dollar level.
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The pound dropped slightly against the euro and the dollar after a relatively downbeat quarterly industrial trends survey from the Confederation of British Industry.
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The dollar sank to a record low against the euro on Thursday and stood near a 12-year low versus the pound after a round of robust U.S. economic data failed to dispel souring sentiment on the U.S. currency.
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NEW YORK  - The US dollar was little changed against the euro on Monday, after it slumped to a historic low against the European currency at the end of last week, as the markets awaited the release of fresh US economic data in the coming week.
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THE US dollar hit a record low against the euro overnight, and the Bank of Englandâs chief economist warns it may fall further. The dollar also hit a nine-month low against the pound, and its lowest in nearly five years against the yen.
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The dollar, whose weakness has been fueled by concern over the US trade and budget deficits, hit a new low against the euro, which rose to $1.3335 yesterday. In late New York trading, the euro eased back to $1.3280, below its intraday high but still above Monday's late rate of $1.3273.