Euro hits new record high against dollar on deficit worries
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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 dollar dropped to a new record in European morning trading against the euro, which rose to $1.3379 despite the threat of international intervention to stop the US curreny&#39;s slide.
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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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The euro cleared a record high against  the yen on Thursday and remained within striking distance of  this week's all-time peak versus the dollar as traders bet its  bull run would continue in 2005.
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The euro sets yet another record high against the dollar, following last week's cut in US interest rates.
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The euro hit a record high against the  yen on Thursday and remained within sight of this week's  all-time peak versus the dollar as its bull run continued a  thin market.
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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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Euro zone finance ministers on Monday voiced concern about the euro&#39;s surge to record highs against the dollar, with some pressing for international
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The euro rose to a record for the seventh time this month against the dollar amid speculation the European Central Bank will refrain from attempting to stem the currency&#39;s appreciation.
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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 jumped to its highest level against the dollar since February as the US currency was undermined by concern over US growth prospects and Washington's gaping current account and budget deficits.
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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 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 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 hit a record high against   the yen on Thursday after soft Japanese industrial output data,   while Asian stocks were lifted by news that the U.S. economy   grew more than previously thought in the second quarter.
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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 dollar hit a record low against the  euro on Tuesday after a stern warning by European officials on  the euro's rise proved to have only a limited effect in a  market bent on pushing the U.S. currency lower.