Euro Sets Another High Against the Dollar

The dollar has slipped again against the Eeuro. The euro has set another record high against the dollar, as the value of the greenback continues to fall following last week's cut in US interest rates. In early Monday trading, the euro touched as high as $1.4130 before falling back slightly to $1.4117. The higher value of the euro has led to fears over job cuts in Europe, as it makes exports to the US more expensive.