Sharp rise of the euro stirs worry in Europe
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FRANKFURT European leaders sparred over currency policy on Friday as the euro rose to a record against the dollar, a development that could undermine the exports driving the region&#39;s fragile economic recovery.
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The euro scaled an all-time high against the yen on Thursday, with the market betting on further euro strength against other major currencies on deep-rooted worries about the U.S. trade and budget deficits.
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The euro scaled an all-time high against the yen on Thursday, with the market betting on further euro strength against other major currencies on deep-rooted worries about the US trade and budget deficits.
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The euro hit an eight-month high against the US dollar on Tuesday, increasing the exchange-rate burden on Europe&#39;s exporters as fears over high oil prices weighed on the greenback.
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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 new all-time high against the U.S. dollar, trading above $1.40 for the first time since the common European currency was introduced.
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The euro rose to a new record summit close to 1.30 dollars, with analysts warning of gloomy prospects for US currency as markets focus on the swelling US trade and budget deficits.
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Europe&#39;s main stock markets mostly fell in choppy trade on Wednesday as the euro struck a record high against the US dollar.
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Greenback weakness sends Euro to a new record and across a psychologically significant barrier.
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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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LONDON : The euro approached its record high against the dollar as markets waited nervously for data on US capital flows, amid concerns about how the United States will fund its huge trade deficit.
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The euro hit a new record high of 1.3074 dollars, even as eurozone officials called for the United States, Europe and Japan to take a common position against the currency's rise.
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BERLIN Nov 8, 2004 - European Central Bank President Jean-Claude Trichet expressed concern Monday about the growing strength of the euro, saying a rally that sent the shared currency to an all-time high of US$1.
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The euro climbed to a new record high level of 1.3021 dollars as markets remained concerned by the large US current account and budget deficits.
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The euro hit a new record on Friday against the unravelling US dollar, surging to US$1.3549, with some analysts seeing US$1.40 as a potential trigger level for European Central Bank intervention.
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As the euro and other currencies climb into rarefied territory, exporters are expressing more and more fear about how it will affect their businesses.
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The euro surged to a near 8-month high  against the dollar on growth worries on Wednesday while stock  markets sank as investors dumped metal, technology and  insurance stocks.