Euro retreats from record high on intervention threat
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The euro backtracked further from recent record highs as markets weighed prospects of central bank intervention on the foreign exchange market to slow the single currency's rise.
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The dollar edged up on Tuesday, taking a breather from recent heavy selling after the European Central Bank chief warned against the euro's rapid climb and ahead of a decision on U.S. interest rates.
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NEW YORK, December 27  - The euro touched new highs against the US dollar and the Japanese yen today as any intervention by the European Commercial Bank to check the 12-nation currencyâs strength seemed unlikely.
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The euro hit a record high against the  yen on Thursday and remained within striking distance of this  week's all-time peak versus the dollar. Its bull run looks set  to continue in 2005.
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Europe&#39;s main stock markets mostly fell in choppy trade on Wednesday as the euro struck a record high against the US dollar.
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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 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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The euro rose to a new record summit close to 1.30 dollars, with analysts warning of gloomy prospects for US currency as markets focus on the swelling US trade and budget deficits.
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The euro&#39;s growing strength against the US dollar is &quot;unwelcome,&quot; the European Central Bank chief said yesterday as the 12-nation European currency hovered just below a record high.
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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 dollar edged up on Tuesday, taking a breather from recent heavy selling after the European Central Bank chief warned against the euro&#39;s rapid climb and ahead of a decision on US interest rates.
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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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LONDON : The euro hit a new record high of 1.3336 dollars in European trading following publication of disappointing US consumer confidence data.
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With the European economy on the upswing, companies and governments are shrugging off the dollar's renewed slide against the euro this week &#151; a phenomenon once dreaded as potential poison for the continent's many exporters.
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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 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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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.