The 16-nation euro rose to $1.4015 in morning trading from $1.3889 in New York late Thursday—its first time above $1.40 since Jan. 2. The British pound rose to $1.5916 from $1.5890, peaking at $1.5945 earlier in the session, its highest point since Nov. 6. 
The Dollar has continued its plunge overnight and this morning. It looks like it's in freefall!
Daily chart also:
from AP on Breitbart:
The dollar kept falling Friday, notching fresh multimonth lows against the euro, pound and yen as a warning that Britain's debt level may result in its credit rating being cut ricocheted into worries about the massive U.S. deficit.
Friday, May 22, 2009
Is It Any Wonder That the Dollar Continues Its Plunge?
