FT.com / Home UK / UK - Run of bad data adds to dollar’s slide

FT.com / Home UK / UK - Run of bad data adds to dollar’s slide: "The dollar fell to new lows Thursday after the run of woeful US data continued with weaker-than-expected fourth-quarter growth and rising unemployment claims.

The euro climbed against the currency to a fresh record of $1.5210, while the Swiss franc also powered to a new peak at SFr1.0499 following the data.

Fourth-quarter gross domestic product rose at an annual rate of 0.6 per cent, unchanged from the first estimate published last month and dashing hopes of an upward revision. Meanwhile, weekly jobless claims rose by 19,000 to 373,000."