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)
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
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.
-
Blue Origin launches Mars probes in NASA debutSpeed Read The New Glenn rocket is carrying small twin spacecraft toward Mars as part of NASA’s Escapade mission
-
Trump DOJ sues to block California redistrictingSpeed Read California’s new congressional map was drawn by Democrats to flip Republican-held House seats
-
GOP retreats from shutdown deal payout provisionSpeed Read Senators are distancing themselves from a controversial provision in the new government funding package