Euro Breaches $1.40 Mark
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Greenback weakness sends Euro to a new record and across a psychologically significant barrier.
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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.
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The euro surged to another record against the dollar here Tuesday as the greenback continued to suffer from investor anxiety over the health of the US housing market and its effect on the broader economy.
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In late afternoon trading in New York, the euro was trading above $1.42 amid fresh evidence of losses in the mortgage industry.
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The euro surged to a near 8-month high  against the dollar on growth worries on Wednesday while stock  markets sank as investors dumped metal, technology and  insurance stocks.
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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 pound breaches $2 - close to record highs - in early trade in Europe as investors price in an interest rate rise in July.
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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 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 euro hit a fresh record high  against the dollar above $1.3329 on Tuesday following the  release of weaker-than-expected U.S. consumer confidence data.
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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 pound set a new 26-year high of 2.0365 dollars amid the dollar&#39;s general weakness.
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The euro jumps to an all-time high against the dollar, raising fears about European growth, and the price of gold rises as people switch out of the dollar.
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The euro hit a record high against the  dollar above $1.2927 EUR= on Friday as the beleaguered U.S.  currency weakened across the board in technically driven  trading.
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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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LONDON  - The euro wavered after failing to pierce the symbolic 1.30-dollar threshold, as eurozone officials expressed disquiet at the currency&#39;s rise to record highs against the greenback.
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The dollar fell to a record low yesterday against the euro, which rose to $1.3640 as the dollar&#39;s slide continued in thin, post-Christmas trading.