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Urgent: Dollar continues to drop against euro

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(Globalpost/GlobalPost)

Urgent: Dollar continues to drop against euro

NEW YORK, Dec. 11 (Xinhua) -- The U.S. dollar weakened against most major currencies Wednesday and it fell against the euro for the seventh consecutive day on higher money market rates in the euro zone.

In late New York trading, the euro rose to 1.3788 U.S. dollars from 1.3763 dollars in the previous session, and the British pound fell to 1.6382 dollars from 1.6446 dollars.

http://www.globalpost.com/dispatch/news/xinhua-news-agency/131211/urgent-dollar-continues-drop-against-euro