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Selling Frenzy Further Punishes Dollar

Stock quotes in this article: FXE , FXB , GLD , SLV , NEM  

The greenback continued its slump in the currency markets Wednesday, reaching another record low against the euro and sliding further against the pound as foreign-exchange investors dumped dollars.

One euro was trading for $1.3774, up from $1.373 late Tuesday, while one pound was buying $2.0349, rising from $2.0273 previously. The dollar was slightly softer against the yen as well, buying 121.9 vs. 121.97 yen a day earlier.

The CurrencyShares Euro Trust(FXE Quote) and the CurrencyShares British Pound Sterling(FXB Quote) were gaining 0.4% and 0.5%, respectively. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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