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| Version 0 | Version 1 |
|---|---|
| Dollar at another record euro low | Dollar at another record euro low |
| (about 1 hour later) | |
| The dollar has hit a record low against the euro as worries over the US economy continued to hurt the US currency. | The dollar has hit a record low against the euro as worries over the US economy continued to hurt the US currency. |
| At one stage, it took $1.5345 to buy a euro. That is the weakest the dollar has traded since the single European currency was launched in January 1999. | |
| Falling US interest rates have made it less attractive to hold the dollar. | Falling US interest rates have made it less attractive to hold the dollar. |
| Sterling was little changed against the dollar at $1.9920, with traders looking ahead to the Bank of England's interest rate decision, due at 1200 GMT. | Sterling was little changed against the dollar at $1.9920, with traders looking ahead to the Bank of England's interest rate decision, due at 1200 GMT. |
| Two gloomy reports on Wednesday raised expectations that the US Federal Reserve will lower interest rates when it meets later this month. | Two gloomy reports on Wednesday raised expectations that the US Federal Reserve will lower interest rates when it meets later this month. |
| The Commerce Department reported that new orders for manufactured goods fell 2.5% in January, the biggest decline in five months. | The Commerce Department reported that new orders for manufactured goods fell 2.5% in January, the biggest decline in five months. |
| A separate report from the Institute for Supply Management showed that activity in the US service sector shrank in February for the second month in a row. | A separate report from the Institute for Supply Management showed that activity in the US service sector shrank in February for the second month in a row. |