11/25/2023 0 Comments 20 cents euro to usd![]() ![]() * ApEuro rises to $1.3682, according to Reuters data, past its previous peak around $1.3670 from December 2004, some 17 percent above its launch level in 1999 and 66 percent above the record low set in October 2000. * SEuro breaks above the psychological $1.40 level for the first time, continuing its rally since the Fed slashed its fed funds and discount rates by 50 basis points to 4.75 percent and 5.25 percent, respectively, on Sept 18 in a bid to contain the economic damage from the unfolding credit crisis. inflation data fans expectations the Fed will soon deliver another rate cut. * Euro prints a fresh all-time high of $1.4281, according to Reuters data, after tame U.S. * Euro climbs above $1.43 for the first time ever to as high as $1.4310, according to Reuters data, as the dollar sags across the board on the back of Bank of America's earnings and weekly U.S.
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