Sterling hits historic low against euro
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Sterling slumped to a record low against the euro Wednesday after the release of weak British economic data that raised expectations of further interest rate cuts by the Bank of England.
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The pound tumbled to a nine-month low against the euro yesterday after the publication of October&#39;s minutes of the monetary policy committee showed there had been no discussion of a possible rate increase, fuelling speculation that interest rates have
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TOKYO: The dollar hit a record low against the euro on Tuesday after a stern warning by European officials on the euroâs rise proved to have only a limited effect in a market bent on pushing the US currency lower.
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The pound remained on the defensive, falling to a 14-month low against the euro, as fear gripped the UK&#39;s banking system following the news that Northern Rock has had to seek emergency funding from the Bank of England to stay afloat.
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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 pound slipped against the dollar after weak inflation figures fuelled expectations that the Bank of England will cut interest rates in the coming months, dealers said Tuesday.
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The dollar sank to a new all-time low against the euro as markets brushed aside tougher talk from European officials urging action to reduce global economic imbalances.
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The dollar tumbled to a record low against the euro on Tuesday after a warning by euro zone officials on the euro&#39;s rise fell on deaf ears, with investors determined to dump the US currency.
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The pound remained in freefall, with the euro hitting a series of record highs against the currency throughout the afternoon, the latest at 0.7381 sterling.
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Sterling recovered slightly against the euro after falling sharply on the back of a survey showing UK manufacturing activity weakened in September.
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The pound slipped to seven-week lows on mounting expectations that British interest rates may have peaked in light of weak economic data.
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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's recent strength.
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The pound dropped to an eight-month low against the euro after a weak UK housing market survey hit the market prematurely.
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The dollar touched a record low against the euro, with traders betting that it would fall further.
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The dollar tumbled to a record low against the euro and a 12-year trough versus sterling on Wednesday as the greenback ran into a fresh wave of selling after consolidation earlier this week.
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The pound continued its descent Friday, falling to an all-time low against the euro as concerns about the UK economy next year weigh on the currency.
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The dollar falls to a record low against the euro and a fresh 26-year slump against the pound.