The Bottom Line

The U.S. dollar hit a new record low against a basket of six currencies this morning, in its weakest showing since the modern currency regime was implemented in the early 1970s.

The U.S. dollar hit a new record low against a basket of six currencies this morning, in its weakest showing since the modern currency regime was implemented in the early 1970s. The greenback weakened to $1.4966 against the euro, before strengthening a bit. (Reuters) Danish Prime Minister Anders Fogh Rasmussen said Denmark would vote within the next four years on whether to replace the krone with the euro, a move Danes rejected in 1993 and 2000. (AP in USA Today)

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up