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Euro Hits All-Time High Against Dollar  
Europe's common currency on Wednesday, Sept. 12, climbed to a new all-time high of $1.3878 amid speculation that the US Federal Reserve is getting ready to cut interest rates. According to analysts, the faltering US economy and increasing talk about a possible recession boosted the euro's value against the dollar in European trading early Wednesday.
 
   

Euro Hits All-Time High Against Dollar

Europe's common currency on Wednesday, Sept. 12, climbed to a new all-time high of $1.3878 amid speculation that the US Federal Reserve is getting ready to cut interest rates. According to analysts, the faltering US economy and increasing talk about a possible recession boosted the euro's value against the dollar in European trading early Wednesday.

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