No image available
/ 7 November 2007

Euro soars to another new record

The euro soared to another record high against the sagging dollar on Wednesday, climbing above ,47 for the first time, while the British pound reached ,10. The 13-nation euro hit ,4730 in afternoon European trading before slipping back to ,4682 — still well above the ,4554 it bought in New York late on Tuesday.

No image available
/ 22 October 2007

Euro hits new high against dollar

The euro rose to a new all-time high against the dollar on Monday after a weekend meeting of the Group of Seven finance ministers ended without a clear statement of concern about the 13-nation currency’s strength. The euro rose as high as ,4348 in Asian trading, breaking a previous record of ,4319, set on Friday.