Euro hits record high 1.6038 dollars

[bhdean]

LONDON (AFP) - The European single currency leapt to a record high above 1.60 dollars here on Tuesday as investor fears grew over the state of the US economy and its financial services sector, dealers said.
LONDON (AFP) - The European single currency leapt to a record high above 1.60 dollars here on Tuesday as investor fears grew over the state of the US economy and its financial services sector, dealers said.

In late morning London deals, the euro jumped to 1.6038 dollars, which beat the previous all-time peak of 1.6019 that was set on April 22.

In late morning London deals, the euro jumped to 1.6038 dollars, which beat the previous all-time peak of 1.6019 that was set on April 22.

[Woodmonkey]

We keep printing more money, weakening ours further.

[bhdean]

The dollar will rebound pretty soon and then will be worth more than a euro. The dollar against the DMark did this during the 10 years I was in Germany (and the 5 years between tours there) and will level out before to long.