Dollar hits record low as US deficit balloons
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LONDON: The dollar sank to a new all-time nadir against the euro as markets remained concerned by the large US current account and budget deficits.
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THE DOLLAR crashed to fresh record lows against the euro today as US Treasury Secretary John Snow signalled his reluctance to prop up the ailing currency by intervening in foreign exchange markets.
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The dollar hit a record low against the euro for a fourth straight trading day on Tuesday as confidence grew that central banks would not stand in the way of the greenback&#39;s decline.
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The US dollar went down to a record low of $1.33 to the euro at the end of last week amid signs that foreign central banks, which have invested heavily in US treasuries and other forms of debt
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The dollar hit an eight-month low  against the euro on Tuesday, coming within a cent of a record  low, and set its lowest level in eight years versus Swiss franc  on concerns about the U.S. economy and current account gap.
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The dollar was within reach of a record  low against the euro on Thursday as U.S. capital flows data  fueled worries that a weaker greenback would be needed to help  repair the United States' huge trade imbalance.
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The U.S. dollar hit a new all-time low against the euro Friday for the fourth straight day, pushing the European currency above $1.33 amid concerns about the twin U.S. deficits and the lack of any central bank action to stop the dollar's decline.
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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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BERLIN -- The US dollar plunged to a new low against the euro Thursday, which hit US$1.3068 in morning trading over nagging concerns about high oil prices and the US trade and budget deficits.
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The U.S. dollar sank to a new all-time low against the euro Tuesday amid concerns over the U.S. trade and budget deficits and worse-than-expected U.S. employment data.
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The US dollar dropped to a new all-time low against the euro Wednesday as the European currency rose to US$1.3035, breaking a week-old record against the slumping greenback.
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The US dollar sank to a new all-time low against the euro Tuesday as a mini-rally in the US currency sputtered out. The euro rose to a new high of $1.3469 in European trading amid concerns over the US trade
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The dollar fell to a record low yesterday against the euro, which spiked at 1.3640 as the dollar's slide continued in thin, post-Christmas trading.
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The dollar falls below the $1.35 level to a new record low against the euro as data fuels new concerns about the US economy.
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The US dollar rallied after dropping to a record low Thursday against the euro amid uncertainty about whether officials would intervene to curb the currency&#39;s slide.
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The US dollar reached a new all-time low Friday against the euro, which hit $1.3548 in extremely light holiday trading with most European foreign exchange markets closed.
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The US dollar slips to new record lows against the euro after the Federal Reserve's hefty US interest rate cut.