Euro falls slightly against US dollar but remains near record high

The euro fell Friday against the U.S.
dollar, but remained near its record high in the wake of
poor economic data from Washington and skyrocketing oil
prices, according to AP.
The 15-nation euro bought US$1.5734 in morning European
trading, down from US$1.5760 late Thursday in New York and
the record US$1.6018 it hit in April.
The British pound fell slightly to US$1.9855 from
US$1.9877 the night before, while the dollar rose to
purchase 106.89 Japanese yen from 106.66 yen in New York.