Euro climbs to fresh dollar peak
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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 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 traded above $1.40 for the first time since the common European currency was introduced.
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The pound hit another 26-year peak against the dollar on Tuesday, and the euro held close to a historic high point against the US unit as dealers bet on rising interest rates in Britain and the eurozone.
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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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The euro rose to a new all-time high of $1.3467 in early trading in London this morning. The single currency later fell back slightly to $1.3452.
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The dollar rose to a 3-month high  against the euro as crude oil slipped toward $46 a barrel,  helping lift European shares to fresh 2-1/2 year highs on  Monday, after impressive gains in Asian markets.
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The euro hit a new record high of 1.3063 dollars, beating its previous record of 1.3047 set a day earlier.
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European stocks jumped to fresh 6-month  highs on Friday, buoyed by lower oil prices and a strong rally  on Wall Street, but the dollar hung close to record lows  against the euro ahead of key U.S. jobs data.
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The euro hits another all-time high against the dollar, as dealers anticipate more weak US economic data.
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The yen hit a fresh four-week high  against the dollar and edged up against the euro on Friday as  stronger-than-expected Japanese data gave the currency a  belated boost.
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The euro jumps to an all time high against the dollar as signs of declining business confidence in Germany increases fears about European competitiveness.
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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 European single currency was close to a record high near 1.38 dollars on Friday, and hit another historic peak against the yen, as dealers awaited fresh US data.
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As the euro rose above $1.42 to a new high against the dollar, the price of crude oil also hit a record, briefly surpassing $90 a barrel in after-hours electronic trading.
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The euro climbed to within striking  distance of record highs against the dollar in light  pre-holiday dealing on Thursday, as the market awaited a batch  of U.S. economic data for new trading clues.
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THE euro is rising to record levels against the dollar, winning favor as a reserve currency in central banks from Russia to China, and flexing its muscles in bond markets.