Thursday, August 5, 2010

Euro falls to event lows vs US dollar next $1.36

Thu Mar 18, 2010 12:02pm EDT Related News Dollar slips vs euro, yen after U.S. jobless dataThu, Mar 18 2010Euro falls below 1.45 vs Swiss franc, 17-month lowWed, Mar 17 2010Euro falls to session lows vs US dollar, sterlingWed, Mar 17 2010U.S. dollar falls vs euro after Fed statementTue, Mar 16 2010Euro falls to session lows vs dollar, Swiss francMon, Mar 15 2010

NEW YORK, March 18 (Reuters) - The euro fell to sessionlows against the U.S. dollar on Thursday, below $1.36, withtraders linking the move to rumors the U.S. Federal Reservewould hike the discount rate.

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Asked about this latest market speculation, a Fedspokesperson said the Fed does not comment on rumors.

The euro dropped to intraday lows at $1.3587 EUR=,according to Reuters data, falling from a five-week high hit onWednesday. It was last at $1.3600, down 1.0 percent.

(Reporting by Gertrude Chavez-Dreyfuss; Editing by ChizuNomiyama)

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