Financial Times FT.com

Dollar lurches to 15-month low

By Jamie Chisholm, Global Markets Commentator

Published: November 25 2009 07:09 | Last updated: November 25 2009 22:12

21:40 GMT. Gold leapt to another high on Wednesday as the dollar tumbled below significant support levels to hit 15-month lows.

After trading within a tight range for nearly three weeks, the greenback suddenly lurched lower, breaching 74.50 on a trade-weighted basis and decisively cutting through the $1.51 mark versus the euro.

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