Dollar Falters, Focus on Greenspan
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The dollar weakened across the board  on Monday in generally thin trading after the U.S. unit's  failure to break key technical barriers set off a wave of  short-covering in other currencies.
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ALAN GREENSPAN, Chairman of the US Federal Reserve, undercut lingering hopes of staging an operation to support the dollar at a meeting of bankers in Frankfurt yesterday
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The dollar stalled on Wednesday after  weaker-than-expected U.S. economic data failed to provide new  direction for the market and focus shifted to what the Federal  Reserve would say after an expected rate rise next week.
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The dollar turned tail from recent  three-week highs against the euro and Swiss franc on Friday as  investors grew cautious ahead of U.S. growth data and a speech  by Federal Reserve Chairman Alan Greenspan.
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Former U.S. Federal Reserve Chairman  Alan Greenspan said on Monday he expected the dollar to stay  weak for the next few years and will continue to drift down,  weighed by the U.S. balance of payments deficit.
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The dollar traded little changed  against the euro on Wednesday as investors were cautious ahead  of Federal Reserve Chairman Alan Greenspan's two-day testimony  to Congress.
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The dollar has slipped back against major rivals on the eve of key US inflation and industrial data, and following stronger-than-expected US retail sales.
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The dollar barely moved on Wednesday  after the latest round of U.S. economic data failed to  substantially alter the outlook for gradual increases in  interest rates.
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The dollar edged down on Friday after soft US manufacturing data fueled the view that the Federal Reserve may slow or even temporarily halt its tightening campaign.
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The insatiable foreign demand for dollar holdings would eventually fall as investors diversify, US Federal Reserve Chairman Alan Greenspan said on Friday in remarks that landed hard on the dollar.
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NEW YORK : The dollar swung lower after a disappointing report from the Philadelphia Federal Reserve that prompted fears of weaker US industrial activity than economists had been expecting.
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The dollar slumped across the board,  plunging to four-and-a-half-year lows against the yen on  Friday, after Federal Reserve Chairman Alan Greenspan said  demand for U.S. assets could decline at some point given the  size of the current account deficit.
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The dollar recouped earlier losses  against the yen on Thursday, but currencies shuttled in narrow  ranges as investors awaited direction from U.S. growth data and  comments from Federal Reserve chief Alan Greenspan.
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The dollar drifted lower in quiet trade with markets already looking to a US interest rate verdict next week for direction after a recent run of largely inconclusive US economic data.
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Stocks fell modestly Friday as Federal Reserve Chairman Alan Greenspan sounded a warning over the nation&#39;s spiraling trade deficit.
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The dollar sank across the board, dropping to multiyear lows against the yen and the euro on Friday, after Federal Reserve Chairman Alan Greenspan said demand for US
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The dollar was weaker across the board  early in New York on Wednesday, its rebound of recent session  fizzling out as dealers refocused attention on the U.S.  external deficits and its ability to finance them.