No relief for Europe as G20 shuns action to halt dollar slide
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The Group of 20 finance chiefs have shunned action to halt the dollar slide, leaving Europe isolated at the end of a forum here and facing an almost certain further strengthening of the euro.
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The dollar dangled near a record low  against the euro on Monday after a meeting of the Group of 20  rich and developing nations produced no coordinated stance to  stem the U.S. currency's decline.
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The US dollar continued its slide against leading currencies including the yen and the euro, as analysts weighed conflicting statements by officials about possible joint market intervention by the Bank of Japan (BoJ) and the European Central Bank (ECB).
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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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By his bargaining position. Euro The dollar tumbled to a record low against the euro after German Chancellor Gerhard Schroeder suggested he will tolerate a stronger European currency, overshadowing a surge in ...
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A communique from the G20 group of rich  and developing countries made no explicit reference to currency  swings on Sunday, despite mounting concern in Europe and Japan  over a slide in the U.S. dollar to multi-year lows.
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The euro wavered after failing to pierce the symbolic 1.30-dollar threshold, as eurozone officials expressed disquiet at the currency's rise to record highs against the greenback.
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The dollar slumped to a record low against the euro in Europe on expectations the region&#39;s leaders will fail to persuade the US to stem the slide in its currency when policy makers meet this weekend in Berlin.
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NEW YORK - The US dollar declined against the euro for the 10th week in 11 on speculation the European Central Bank will not halt the currencyâs slide.
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The dollar plunged to an all-time low  against the euro on Wednesday ahead of an upcoming G20 finance  ministers' meeting in Berlin, as analysts fretted that  officials would do little to stem the greenback's fall.
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The dollar was near record lows against  the euro and a multi-year low versus the yen on Monday after a  meeting of the Group of 20 rich and developing nations produced  no coordinated stance to stem the dollar's decline.
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The dollar slid back within half a cent  of last week's record low against the euro on Monday after a  weekend meeting of world finance chiefs ended with no agreement  to stem the greenback's decline.
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The dollar fell to a record against the euro Friday as traders bet the European Central Bank won&#39;t step in to weaken the 12-nation currency.
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Recovery in the eurozone is battling higher oil prices and a rising euro as monetary union has so far failed to spur sustained economic dynamism in the 12 nations using the single European currency, the OECD revealed.
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European officials are increasingly alarmed by the U.S. dollar's slump against the euro &#151; but they aren't likely to get help from the United States or Asian countries at the G-20 meeting of industrial and developing countries that opened Saturday.
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German Finance Minister Hans Eichel declined to provide additional comment on currencies when pressed at the closing news conference of a G20 meeting of rich and developing countries in Berlin on Sunday.
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The euro slumped on Monday as fears about the prospect of a US slowdown infecting the global economy sparked a rout on the world's stock markets.