Dollar steadies as dealers look to G7 meeting
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The dollar steadied after the previous day's sharp falls as dealers looked for direction from manufacturing data and a weekend Group of Seven meeting of finance ministers and central bankers.
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The dollar held near overnight levels on Wednesday but stayed under selling pressure ahead of U.S. trade data that could swing the market's focus back to the problem of huge deficits in the United States.
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The dollar kept close to the previous session&#39;s one-week highs against the euro and Swiss franc on Thursday, holding steady as investors awaited US data to confirm fresh signs of strength in US manufacturing.
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The dollar fell against the euro on  Tuesday as dealers waited for U.S. trade deficit figures to  decide whether to buy back the U.S. currency again.
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The dollar slipped on Monday as market  players hesitated to push the currency much higher before  upcoming U.S. trade data and a Federal Reserve meeting.
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The dollar held steady on Thursday, with investors reluctant to take positions ahead of U.S. trade data that could offer clues on whether the greenback can sustain its recent rally.
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The dollar was a whisker away from a  record low against the euro on Friday after the currency  succumbed the previous day to weak U.S. economic data,  including disappointing housing figures.
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The US dollar held steady Wednesday after losing ground a day earlier amid heavy falls on global stock markets and amid fears over Chinese and US economic growth.
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The dollar stabilized on Friday after  rallying in the first week of 2005, as the market waited for  closely-watched U.S. jobs data for clues on future interest  rate policy.
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The dollar held steady against major  currencies on Tuesday as markets awaited the assessment of the  economy from the Federal Reserve after an expected interest  rate rise later in the session.
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The U.S. dollar paused near recent lows Friday but dealers expected selling to resume after a weekend meeting of G20 finance ministers, while stock investors sought cover in companies immune to currency risks.
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The dollar held broadly steady against  major currencies on Tuesday as markets looked to the U.S.  Federal Reserve to raise interest rates later in the session  and signal the future pace of monetary tightening.
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The dollar weakened on Friday after top  U.S. Federal Reserve officials sounded cautious on credit  tightening, fueling jitters in the market ahead of U.S.  employment figures due later in the day.
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The U.S. dollar paused near recent  lows Friday but dealers expected selling to resume after a  weekend meeting of G20 finance ministers, while stock investors  sought cover in companies immune to currency risks.
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The dollar slipped on Monday as market players hesitated to push the currency much higher before upcoming US trade data and a Federal Reserve meeting.
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The dollar is poised for a seventh straight weekly drop against the euro, its longest losing streak in 10 months, on concern foreign investors and central banks may reduce holdings of US assets.
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The dollar was mostly firmer on Monday  as a drop in oil prices gave added impetus to dealers paring  positions after the dollar's recent brush with historic lows.