Global Markets: Euro Surges vs the Dollar
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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 hit a record high against the  yen on Thursday and remained within sight of this week's  all-time peak versus the dollar as its bull run continued a  thin market.
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Â· World squeeze prompts policy U-turn Â· American stock market surges but dollar falls
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The dollar jumped against the euro on Friday, building on overnight gains made after the European Central Bank reiterated that Asian currencies should be more flexible, taking pressure off the single currency to climb.
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The dollar strengthened against major  European currencies in largely technical trading on Friday  after two U.S. economic reports matched or beat market  expectations.
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The euro hit a record high against   the yen on Thursday after soft Japanese industrial output data,   while Asian stocks were lifted by news that the U.S. economy   grew more than previously thought in the second quarter.
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The euro inched up to a 20-month high against the dollar and touched its highest level ever versus the yen on Monday, boosted by expectations that the European Central Bank will boost interest rates this week.
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THE euro charged to a record high yesterday, breaching the $1.35 mark as markets seized on a plunge in sales of new homes in America as an excuse to renew their assault on the US currency.
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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.
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The euro reaches a fresh record high against the US dollar, climbing above the $1.41 level.
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The euro hit record highs versus the  dollar for a second day on 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 euro advanced against most  currencies on Thursday after investors interpreted remarks from  the head of the European Central Bank as signaling a rise in  benchmark interest rates in March.
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Sign of gloom among US consumers have helped force the dollar to fresh record depths against the euro. At 1450 GMT on Tuesday, the euro-dollar exchange rate topped out at $1.3335.
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The dollar's jump against the euro on Friday reflected a possibly misinterpreted signal of higher interest rates and the desire of investors to own dollars.
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The dollar surged against the euro, yen  and Swiss franc on Monday as, with a Group of Seven rich  nations meeting out of the way, the greenback was free to join  a wave of optimism about the U.S. economy.
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The dollar hit a two-month high  against the euro on Thursday, buoyed by expectations for higher  U.S. interest rates.
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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.