Euro hits all-time high

The euro has again reached a new all-time high against the dollar, reflecting mounting fears over the health of the US economy.

In the past weeks, the European currency soared from record to record. At its highest point yesterday, one euro bought 1.4130 dollars, breaching the earlier record of Friday of $1.4120.

Nevertheless, the dollar is still above the all-time low against the German mark in 1995, equivalent to nearly $1.46 for one euro.

The rejuvenated euro stands in sta...