Euro surges

Published September 13, 2007

LONDON, Sept 12: The European single currency surged to an all-time high against the dollar on Wednesday, striking $1.3879 as investors bet on falling US interest rates, dealers said. The euro surged in early trade to $1.3879 — the highest level since its creation in 1999 and beat the old record of $1.3852 set on July 24.—AFP