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US dollar takes a breather, easing slightly from record highs, but still holds sway

The dollar took a breather on Tuesday after a sweeping rally, easing slightly from milestone highs on the euro, yen and sterling, but not too far as recession stalks Europe, and US interest rates are poised for sharp rises. The euro was up 0.3 per cent to $0.99545 in Asia trade after it hit a two-decade low of $0.9876 on Monday as the prospects for a winter without Russian gas
United States New Zealand Gazprom Deputy Vitaly Markelov Ray Attrill National Australia Bank

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