Getting your player ready...
NEW YORK — The dollar sank to its lowest point in a year Tuesday against several currencies ahead of a meeting of the Federal Reserve on interest rates and the Group of 20 summit in Pittsburgh this weekend.
The 16-nation euro broke past $1.48 for the first time since September 2008, rising as high as $1.4821 before settling back to $1.4792 in late-afternoon trading in New York. Monday, the euro was worth $1.4677.
The British pound gained to $1.6352 from $1.6194, while the dollar slid to 91.24 Japanese yen from 92.13 late Monday in New York.
The dollar also dropped to its lowest point since last September against an index that tracks six major currencies.
