March 16, 2007	Friday	Safar 26, 1428

LONDON, March 15: The dollar fell to a two-week low against the euro here on Thursday after two US manufacturing surveys produced results well below forecasts. The single European currency in late day trade was at $1.3233 after $1.3220 late Wednesday in New York. The euro at one point climbed to $1.3252, its best showing since February 27.

The dollar was meanwhile trading at 117.68 yen after 117.07 on Wednesday.

A report released Thursday showed that the Philadelphia Fed index fell to just 0.2 in March from 0.6 in February, showing a minimal level of expansion in manufacturing activity in the Philadelphia region and confounding market expectations for a jump to around 5.0.—AFP