Euro Rises to Fresh High Vs. Dollar
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The euro hit record highs versus the  dollar for a second day Friday, boosted in thin trade by  worries about the U.S. current account deficit and economy and  apparent lack of official concern at the dollar's slide.
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The euro shot up over 1.38 dollars Friday for the first time since its creation in 1999, as weaker-than-expected retail sales in the United States added to concerns about the country&#39;s economy.
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The European Union's common currency, the euro has climbed to a new record high against the US dollar, reaching $1.4130 in trading in Frankfurt. Analysts say they expect the value of the euro to remain high for the foreseeable future. The euro was boosted last week when the US central bank cut its key interest rate by half a percentage point to 4.75 percent.
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The UK pound climbs to its highest level against the US dollar in 26 years.
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The dollar jumped against the euro on  Friday, building on overnight gains made after the European  Central Bank reiterated that Asian currencies should be more  flexible, taking pressure off the single currency to climb.
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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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The euro rose above 1.32 dollars for the first time, reaching 1.3201, as the US currency buckled under the strain of imbalances in the American economy.
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The dollar hit a two-month high  against the euro on Thursday, buoyed by expectations for higher  U.S. interest rates.
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The euro hit a record high against the dollar above &#36;1.2927  on Friday as the beleaguered U.S. currency weakened across the board in technically driven trading.
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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 rose to within half a cent of a record high against the dollar after European finance ministers failed to ask the European Central Bank to sell the currency to stem its advance.
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The dollar climbed to a two-month high  against the euro on Thursday, underpinned by technical trading  factors and expectations of higher U.S. interest rates.
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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 dollar rose to its highest level  against the euro in two and a half weeks on Tuesday, extending  the previous day's gains before pulling back as investors grew  skittish ahead of U.S. economic data.
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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 extended recent gains to a  new two-month high against the euro on Thursday, underpinned by  the view that expected increases in U.S. interest rates will  bolster the greenback's yield appeal.
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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.