Euro continues surge against US dollar, hitting new high of ...
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The dollar plunged to a new low against the euro Thursday, which hit $1.3074 US in a rise that has been fuelled by nagging concerns about high oil prices and Washington&#39;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 euro floated near an all-time high above 1.34 dollars as sentiment towards the US currency remained gloomy in the wake of a disappointing American jobs report.
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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 pound on Wednesday reached a fresh 26-year high against the dollar, which also fell against the euro on the eve of European interest rate decisions.
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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 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 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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BRUSSELS: Euro zone finance ministers yesterday voiced concern about the euro&#39;s surge to record highs against the dollar, with some pressing for international co-operation to tackle such exchange rate swings.
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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 US trade and budget deficits.
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"But I'm saying: look at what's going on"  The dollar hit a new low against the seemingly unstoppable euro Friday as the 13-nation currency broke through $1.41. The euro's ascension renewed calls from French President Nicolas Sarkozy for the European Central Bank to follow the Federal Reserve and cut interest rates, which would help keep French exports competitive.Despite the worries of some exporters _ European aircraft maker Airbus said if the euro keeps rising it may have to seek new cost savings _ ECB President Jean-Claude Trichet and German Chancellor Angela Merkel stood firm that the ECB must remain independent. Read more
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The euro climbed to a new record high level of 1.3021 dollars as markets remained concerned by the large US current account and budget deficits.
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The euro climbed to within striking  distance of record highs against the dollar in thin dealings on  Thursday, with moves driven by technical trading in the run-up  to Christmas.
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LONDON : 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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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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PARIS  - The euro hit a new record of 1.3555 dollar early as activity was resuming in Europe after the Christmas holiday. The previous high for the European currency was 1.3549 dollar, during trading on Friday.
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The euro hit a new record high of $1.3336 in European trading this afternoon following publication of disappointing US consumer confidence data.