Dollar Extends Its Rebound Into Third Day
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The dollar extended its rebound into a  third day on Friday as investors worried that the dollar's  two-month slide had been too rapid and sought more neutral  ground in the final stretch before the year-end.
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The dollar held on to recent gains on Thursday after rallying the previous day, when traders and investors rushed to cash in on bets against the US currency before the year-end.
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The dollar rebounded for a second session  against the yen and the euro on Thursday as traders and  investors took profits on bets against the U.S. currency before  the year draws to a close.
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The dollar rebounded on Monday from a 20-month low against the euro and a basket of currencies as investors saw a recent 3-percent fall in the currency's value as overdone.
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The dollar rose to a three-week high against the euro on Wednesday, boosted by a fall in the price of oil, which should help narrow the U.S. trade deficit and thus benefit the dollar.
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The dollar edged up on Tuesday, taking a breather from recent heavy selling after the European Central Bank chief warned against the euro&#39;s rapid climb and ahead of a decision on US interest rates.
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The dollar climbed across the board on  Thursday after data showed the third-quarter U.S. current  account deficit was narrower than many had feared, fueling a  relief rally for the beleaguered U.S. currency.
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The dollar won a reprieve against other major currencies on Tuesday, bouncing off last week&#39;s record low versus the euro as markets grew cautious ahead of words from the European Central Bank chief and US data.
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The dollar cleared an eight-week high  against the yen on Tuesday and held steady near a three-month  peak versus the euro, as the market welcomed U.S. efforts to  rein its yawning fiscal deficit.
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The dollar edged up on Friday from  historic lows, as traders attempted to square positions ahead  of a meeting of G20 finance ministers later in the day.
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The dollar extended gains early in New  York on Tuesday as dealers continued to pare back bets against  the dollar in predominantly technical trading.
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The dollar on Wednesday extended this  week's modest rise from record lows against the euro as  European policymakers fretted over its recent slide, but  remained under pressure ahead of U.S. trade data due later.
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The dollar posted broad gains on  Friday for the third straight session, as traders took more   year-end profits in other currencies in anticipation of higher  U.S. interest rates after next week's Federal Reserve meeting.
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The dollar rose to a three-month high  against the sterling Monday after U.S. economic data eased  concerns that surging oil prices threatened growth,  underpinning expectations of more rises in U.S. interest rates.
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The dollar crept up on Wednesday,  enjoying some respite from recent falls ahead of an  announcement on U.S. interest rates and after more European  officials spoke out against the euro's rapid rise.
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The dollar rallied across the board on  Wednesday in a technical rebound after two U.S. economic  reports prompted dealers to unwind large bets against the  currency.
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Bonds softened while the dollar and  stocks edged up on Thursday after data showed the U.S. current  account gap widened less than expected in the third quarter.