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Wednesday, July 11, 2007

Euro Hits All-Time High Against Dollar

AP July 10, 2007 10:19 AM
The euro soared through the $1.37 mark for the first time on Tuesday, trading as high as $1.3716 amid concerns about the U.S. housing market.
The 13-nation currency hit the new high before falling back a bit. It was up from the previous record high of $1.3682 it bought on April 27 and above the $1.3623 it bought late Monday in New York.
The dollar's drop came as U.S. stocks fell in early trading as Wall Street nervously awaited a speech from...

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