Dollar Rises After China Gives No Timetable on Yuan Change
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The dollar rose in Asia after China gave the Group of Seven no timetable to move to a flexible exchange rate, resisting a US government effort to stop Asian nations weakening their currencies.
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The dollar rose against the euro and the yen on Wednesday, but the rebound in thin trading was seen as temporary and traders expect the US currency to test record lows versus the euro again in coming days.
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The dollar edged up on Tuesday, pulling away from a five-year low against the yen as the market began to return its attention to the attraction of rising interest rates in the United States.
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The dollar rose against the euro and the  yen on Wednesday, but the rebound in thin trading was seen as  temporary and traders expect the U.S. currency to test record  lows versus the euro again in coming days.
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The dollar gained 2 percent against the yen and Swiss franc on Tuesday after minutes of a December Federal Reserve policy-setting meeting signaled the U.S. central bank will continue raising interest rates.
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Chinaâs currency rose steeply against the dollar this week, feeding speculation that Chinese authorities were allowing their currency to appreciate more rapidly.
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0640 GMT - US Treasury prices inched up in Asia on Monday in an unwinding of some of the pressure brought on by speculation late last week that China may be cutting the amount of US assets it holds in its foreign reserves.
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China's currency hits its highest level high against the dollar in over a year, ahead of a US-China trade meeting.
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The dollar paused from recent heavy  selling on Wednesday, edging up against the euro and the yen as  investors brushed aside revised data that confirmed sluggish  growth in Japan's economy.
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NEW YORK The dollar rose Wednesday after a Federal Reserve report showed that New York area manufacturing surged this month, evidence the economy may be gaining momentum.
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Officials say the country will move away from peg of 8.28 yuan to the dollar amid US pressure. WASHINGTON  - Chinese officials reiterated that the country would move toward a flexible foreign exchange
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The dollar rose on Thursday after the  European Central Bank left its key interest rate unchanged,  placing the market's focus on the trans-Atlantic interest rate  differential that favors dollar-denominated over  euro-denominated assets.
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The dollar strengthened above last week&#39;s record low against the euro on Monday, allowing shares in shippers and steelmakers to take Asian equity markets up, but nerves
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The dollar rose across the board on Thursday after the European Central Bank left its key interest rate unchanged, focusing the market on interest rate differentials.
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China may adjust its currency&#39;s peg to the dollar within a year by fixing the yuan against a basket of currencies rather than adopting a floating exchange-rate regime, according to JPMorgan Private Bank.
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The dollar rose against the yen and the euro in London on expectations the Federal Reserve will lift interest rates tomorrow and signal it plans further increases.
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The dollar edged up versus the euro on  Wednesday and kept most of the previous day's gains against the  pound, but traders and investors hesitated to take big  positions in quiet pre-holiday trade.