Euro Reaches All-Time High Against Dollar
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The euro traded above $1.40 for the first time since the common European currency was introduced. The dollar also sank to one-to-one parity with the Canadian dollar.
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The euro hit a new all-time high against the U.S. dollar today, climbing on oil price worries and concern over the U.S. budget deficit.
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The euro hit a record high against the  yen on Thursday and remained within striking distance of this  week's all-time peak versus the dollar. Its bull run looks set  to continue in 2005.
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The euro smashed through the symbolic 1.30-dollar level for the first time since it began trading on foreign exchange markets in January 1999.
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Geopolitical fears following news of the killing of Pakistani opposition leader Benazir Bhutto hit the pound as well as the dollar, with the euro hitting a new record high of 0.7338 against the UK currency.
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The euro advanced against most currencies on Thursday after investors interpreted remarks from the head of the European Central Bank as signaling a rise in benchmark interest rates in March.
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The euro hits fresh highs against the dollar as negative views of US economic prospects take their toll.
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The euro hit a new record high of 1.3063 dollars, beating its previous record of 1.3047 set a day earlier.
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The dollar hit a two-month high against  the euro on Tuesday as expectations grew that Federal Reserve  officials speaking later may add to recent signals that the  United States could accelerate the pace of interest rates  increases.
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The euro inched up to a 20-month high against the dollar and touched its highest level ever versus the yen on Monday, boosted by expectations that the European Central Bank will boost interest rates this week.
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The euro surged to a new high against the US dollar for the fourth straight day Friday, although the greenback rose off its low point.
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The euro hit a fresh record high against the dollar above $1.3329 on Tuesday following the release of weaker-than-expected US consumer confidence data.
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Confidence in the strength of the European economy lifted the euro to a record high against the yen on Tuesday, with European stocks also outperforming as energy stocks rallied on oil above $60 a barrel.
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The dollar hit the highest level against the yen for four and a half years on Tuesday amid growing worries about higher US interest rates and before US retail sales data, dealers said.
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Sterling rose to its highest level since July against the dollar.
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The euro hit a record high against the  yen on Thursday and remained within 1-1/2 cents of its all-time  peak versus the dollar, underpinned by concerns over the U.S.  current account deficit.
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The euro set a record high versus the  dollar for the fifth session running on Wednesday and held just  below last year's lifetime high against the yen as investors'  long-standing grim views of the U.S. currency dominated  markets.