LONDON, March 20: The dollar climbed further away from its record low point against the euro on Thursday, lifted by negative eurozone data, analysts said.

In European trading, the euro fell to $1.5433 from $1.5618 in New York late on Wednesday.

Against the Japanese currency, the dollar fell to 98.84 yen from 99.01 on Wednesday.

Japan’s financial markets were closed on Thursday.

The euro had surged to a record high point of $1.5905 on Monday while the dollar fell to a 12-year low of 95.75 yen, also on the same day, a level not seen since September 1995.

Since then, the dollar has recovered against the euro and yen after the US Federal Reserve slashed its benchmark federal funds rate in a bid to ease a growing credit crisis.—AFP