Sterling slumps to record low against euro
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The British pound hit an historic low against the euro on Friday owing to heightened expectations of cuts to British interest rates in 2008.
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The pound reached five-week lows against the euro, following disappointing data on retail sales and housing prices this week.
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The pound picked up against the dollar and the yen, but remained weak against the euro, with a raft of weak data recently suggesting that the Bank of England's next interest rate move is likely to be down.
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Sterling took a battering, falling below 1.8 against the dollar, while the euro rose above 0.684 against the pound, after a series of data suggesting that there is little, if any, scope for further interest rate hikes.
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The dollar slipped to a record low yesterday against the euro in thin, volatile holiday trading. The euro peaked at $1.3667 before easing slightly to $1.3648
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TOKYO: The dollar hit a record low against the euro on Tuesday after a stern warning by European officials on the euroâs rise proved to have only a limited effect in a market bent on pushing the US currency lower.
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Sterling hit a new all-time low against the euro Friday and a ten-month low versus the dollar on forecasts of lower borrowing costs in Britain.
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The dollar touched a record low against the euro, with traders betting that it would fall further.
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The dollar tumbled to a record low  against the euro and a 12-year trough versus sterling on  Wednesday as it ran into a fresh wave of selling after  consolidating earlier this week.
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The dollar fell to a new record low  against the euro on Tuesday as investors, tiring of tough talk  on exchange rates by European officials, dismissed new   warnings from euro zone officials.
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The dollar sank to a record low against the euro and fell to its lowest level since January 2000 on the yen on Thursday as the market tested how far Japan and Europe would tolerate yen and euro gains on dollar weakness.
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The pound slipped to seven-week lows on mounting expectations that British interest rates may have peaked in light of weak economic data.
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The pound falls to a fresh all-time low against the euro on growing expectations of a cut in UK interest rates.
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The dollar slid to a new record low  against the euro on Friday amid disappointing U.S. jobs data  and a perception that the United States was in no hurry to stem  the dollar's fall.
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The dollar on Wednesday sank to a record low against the euro and a 26-year trough against sterling for a second day on fears that the crisis in the U.S. subprime mortgage market could cause to a credit crunch.
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NEW YORK The dollar fell Monday to a record low against the euro, which spiked at $1.3640 in thin, technically driven post-Christmas trading.
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The pound has fallen to an all-time low against the euro as the outlook for the UK economy darkens.