Dollar at fresh low against euro ~ World's Trading News

Dollar at fresh low against euro

Encouraging US employment data has failed to stem the falls in the US dollar, which has ended at a new record low against the euro in New York.

The euro's value settled at $1.4525, while the dollar also plunged to a new record low against the UK pound, settling at $2.0890.

The dollar sell-off came despite a surprisingly good report on jobs in the US, a key indicator of economic health.

Analysts said the news was not enough to shift negative dollar sentiment.

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