NEW YORK, Nov 3: The dollar dived to a fresh record low against the euro on Friday as foreign exchange speculators appeared to shrug off an upbeat economic report which revealed a surprisingly strong surge in US job creation.
The already ailing dollar tumbled to a fresh low point against the euro in Friday afternoon trading as traders continued to fret about US economic prospects amid a housing slump and credit woes.
The single European currency was switching hands at $1.4504 in afternoon trading, up from 1.4422 late Thursday. The euro, however, had surged to a record $1.4528 in earlier trading Friday.—AFP
