Financial Times FT.com

Dollar falls to record low against euro

By Peter Garnham

Published: April 27 2007 10:53 | Last updated: April 27 2007 19:57

The dollar fell to a record low against the euro on Friday after data revealed that the US economy grew at a slower pace than expected in the first quarter.

The dollar had been weak against the euro all week and on Wednesday, following the release of below-forecast US housing data, was within touching distance of its all-time low.

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