Dollar index rises to 7-month high on euro’s woes

SYDNEY (BestGrowthStock) – The U.S. dollar index (Read more about the global trade. ) surged past 80 for the first time since mid-July 2009 on Friday as a sell-off in the euro gathered pace on growing investor anxiety about sovereign debt in Europe.

The index (.DXY: ) rose to as high as 80.02 while the euro fell (Read more about the trembling euro. ) to as low as $1.3716, which was its lowest since May, 2009.

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(Editing by Wayne Cole)

Dollar index rises to 7-month high on euro’s woes