Dollar stays near record euro low
The US dollar remained near record lows against the euro in early Friday trading, on growing expectation of a further American interest rate cut.
After disappointing US economic data overnight, one euro was worth $1.4304 by mid-afternoon in Europe, just short of Thursday's all-time $1.4311 low.
Analysts said the rise in US unemployment makes the Federal Reserve more likely to trim rates this month.
Against Japan's yen, the dollar remained near a three-week low.
The greenback was at 115.38 yen, while against sterling, one pound was worth $2.0511.
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http://news.bbc.co.uk/2/hi/business/7052086.stm
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