Euro hits record high against dollar
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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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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 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.
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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 briefly rose to a record high  versus the dollar for the fifth session running on Wednesday  and tested last year's lifetime high against the yen as  investors' bearish views of the U.S. currency dominated  trading.
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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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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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The British pound struck a fresh 26-year high point on inflation concerns Tuesday while the euro hovered around its record peak against the dollar.
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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 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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NEW YORK The euro touched a new high against the dollar on Wednesday while the yen saw its largest drop versus the US currency in three weeks on speculation Japan will sell the yen during the New Year holiday.
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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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The euro jumps to an all-time high against the dollar, raising fears about European growth, and the price of gold rises as people switch out of the dollar.
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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 rocketed up to a new record high against the dollar as markets grew increasingly worried about the ballooning trade and budget deficits in the United States.
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NEW YORK, July 10 -- The euro shot to an all-time high against the dollar Tuesday on concerns about the U.S. economy that were fueled by discouraging growth forecasts from key domestic retailers and homebuilders.