BERLIN -- The euro is showing no sign of running out of steam as it hits new eight-month highs against the dollar, which is being hurt by expectations the Federal Reserve will intervene to bolster the U.S. economy.The euro, used by 16 nations, traded at $1.3980 early Thursday, up from the $1.3968 it bought in late afternoon trading Wednesday in New York.
Euro Hits Eight-Month High vs. Dollar
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.