US Dollar Falls Against the Euro
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The US dollar fell against the euro Wednesday amid persistent concerns over the US trade and budget deficits, despite a pledge from President Bush to work with Congress to reduce the huge twin deficits.
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The dollar fell to an eight-month low  against the euro on Thursday, also setting multi-month lows  versus the yen, sterling and the Swiss franc amid worries the  U.S. economy was not growing enough to support its currency.
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The euro slipped a bit against the  dollar in extremely thin U.S. trade on Friday, pushed lower by  a steep decline against the yen as dealers locked in profits  from the unit's surge to life-time high the previous session.
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The dollar dropped to an all-time low  against the euro on Wednesday ahead of a G20 finance ministers'  meeting as analysts fretted that officials would do little to  stem the currency's fall.
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Given the sorry state of U.S. manufacturing and the widening trade gap between U.S. and the rest of the world, it's understandable why there's been little hand-wringing over the falling value of the U.S. dollar. Since October, the dollar has fallen 4% against both the euro and the Japanese yen. And this week, the dollar hit the lowest it's been against the euro since March 2005.
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The US dollar dropped to a new all-time low yesterday against the euro, which rose to $1.3335 even as new figures showed that US economic growth in the third quarter was stronger than previously estimated.
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The dollar fell against the euro on  Tuesday as dealers waited for U.S. trade deficit figures to  decide whether to buy back the U.S. currency again.
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The dollar was slightly weaker against the euro following retail sales data in the US, traders said.
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The dollar lost ground against the euro and yen after data showing slower growth of US retail sales, a major driver of the economy.
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The US dollar fell to another new low against the euro Friday, pushing the European currency higher than $1.34 after US employment data came in weaker than expected.
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The dollar fell against the euro for the  second session on Tuesday as investors and traders braced for  trade figures that could reinforce market worries about the  record deficit in the United States.
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The US dollar hit an all-time low against the euro Friday, shrugging off positive US employment data amid worries about oil prices and concern over the US budget deficit.
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The US dollar hit an all-time low against the euro Friday, shrugging off positive US employment data and falling on worries about oil prices and concern over the US budget deficit.
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The dollar sank to a record low against the euro on Thursday and stood near a 12-year low versus the pound after a round of robust US economic data failed to dispel increasingly negative sentiment on the US currency.
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The dollar fell against the euro and the yen on Wednesday in the wake of comments from the European Central Bank president suggesting the ECB was unlikely to intervene to stem the euro's rise.
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The US dollar tumbles to a new low against the euro as speculation mounts that US interest rates will be cut.
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The US dollar dropped to a new all-time low Tuesday against the euro, which rose to $1.3335 even as new figures showed that US economic growth in the third quarter was stronger than previously estimated.