NEW YORK (Dow Jones)--The euro surged above $1.51 Wednesday, shattering a long-standing trading range as the onslaught on the dollar intensified.
The common currency advanced about 1.5 cents on the day, a significant single-session gain for a major currency.
As the greenback's retreat turned into a rout, the U.S. currency also touched fresh multi-month lows against the Swiss franc and yen.
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