Europe Fears a Downside in Strong Currency
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Fears of an economic slowdown in Europe deepened on Friday, after the release of weaker-than-expected data and another record in the euroâs relentless rise against the dollar.
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SCHEVENINGEN, Netherlands - Before the 10 countries that joined the European Union this year can adopt the euro as their currency, they have to spell it correctly.    The new threat to euro-zone stability surfaced unexpectedly Saturday at a meeting of finance ministers from the 25 European Union countries...
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With the European economy on the upswing, companies and governments are shrugging off the dollar's renewed slide against the euro this week _ a phenomenon once dreaded as potential poison for the continent's ...Comment
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FRANKFURT Alan Greenspan came to the home of the euro on Friday and warned anxious Europeans to expect little relief from the dollar&#39;s relentless decline against their currency.
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A top European Union official Monday urged the United States to curb its deficits to help bolster the sagging dollar amid fears a strengthening euro would stifle Europe's fledgling economic recovery.
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Signs of shaky economies in France and Germany have sharpened worries about Europe's less-than-robust recovery &#151; and underscored the struggle to shake up regulation-clogged economies in countries that use the euro.
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After a year in which the U.S. dollar fell 5 percent against the euro, the sharply weaker currency isn't expected to rebound soon - and that means it will likely keep eating into European exports, growth and ...
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The euro hit a record high against the  dollar above $1.2927 EUR= on Friday as the beleaguered U.S.  currency weakened across the board in technically driven  trading.
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NEW YORK The dollar firmed against the euro on Tuesday, finding support from a growing chorus of European officials expressing concerns over the rapid ascent of their currency.
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Far from reversing the dollar's slide, comments from US Treasury Secretary John Snow have been taken by markets as a sign that Washington welcomes a weaker currency, to the alarm of eurozone officials as the euro hit new highs.
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French President Jacques Chirac said Friday he was concerned about the weakness of the US dollar and hinted that the European Union should react to the situation.
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Europe fears its exports will be choked off by the dollar's decline, while American manufacturers are rejoicing.
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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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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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European equities were a little lower on Friday as the global interest rate backdrop caused concerns.
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With the European economy on the upswing, companies and governments are shrugging off the dollar's renewed slide against the euro this week &#151; a phenomenon once dreaded as potential poison for the continent's many exporters.
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NEW YORK, December 27  - The euro touched new highs against the US dollar and the Japanese yen today as any intervention by the European Commercial Bank to check the 12-nation currencyâs strength seemed unlikely.