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Euro falls against dollar to US$1.5560 as Bush voices support for strong currency AP The euro fell against the U.S. dollar in European trading Tuesday as U.S. officials, including President George W. Bush, voiced their support for a strong American currency. The euro bought US$1.5560 in morning European trading, down from US$1.5652 Monday night in New York. Bush, who is currently on a tour of European countries including Slovenia, Germany and France said Monday that "a strong dollar is in our nation's interests. It is in the interests of the global economy... the long-term health and strong foundation of our economy will shine through and be reflected in currency values." Bush's remarks were somewhat unusual, as he does not regularly comment on currency matters. Also on Monday, U.S. Treasury Secretary Henry Paulson said during a television interview that he would not rule out currency intervention as a policy tool in order to steady the dollar.
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