The euro has fallen further against the dollar and sterling overnight after expectations of higher US interest rates were fuell by dint of yet another Federal Reserve official.

The euro has fallen further against the dollar and sterling overnight after expectations of higher US interest rates were fuell by dint of yet another Federal Reserve official.

Hawkish remarks earlier in the week by dint of Fed Chairman Alan Greenspan and the NY and Kansas City Presidents were reinforced according to St Louis President William Poole who is also a voting member of the policy-setting Federal exhibit Market Committee. In an interview, Poole said rates must be raised faster than near market expectations if inflation accelerates, adding that