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Record Low: Euro hits $1.40

Dollar breaks important threshold, but fall isn't over yet

By Jason Farago, Newser Staff

Posted Sep 20, 2007 7:07 AM CDT

(Newser) – The dollar dropped to a record low against the euro in early Asian trading on Thursday, breaking the $1.40 barrier for the first time since the establishment of the common currency. The Fed's half-point cut in interest rates led investors to drop the greenback,... Read full story »

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Record Low: Euro hits $1.40

Dollar breaks important threshold, but fall isn't over yet

Ben Bernanke • currency • Federal Reserve • euro • Asian markets • US dollar

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