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Director / Editor: Victor Teboul, Ph.D.
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Euro Slips Further Toward One-to-one With Dollar

The dollar's upward march has sent the euro currency to its lowest level in 14 years, easing the financial pressure on traveling Americans but giving European exporters a boost. The euro, used by 19 countries, was down 0.3 percent at $1.0367 mid-afternoon Tuesday, drawing closer to the psychologically important level of one euro per dollar, or so-called parity.   A major factor has been the prospect of more interest rate hikes by the U.S. Federal Reserve following a...


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