No deal on dollar as US shrugs off European pressure
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Europe and Japan failed yesterday to persuade the United States to address the decline in the dollar, despite talks at a fractious meeting of the Group of 20 industrialised and developing nations.
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European officials, blaming US deficits for a surge in the euro, are unlikely to persuade Treasury Secretary John Snow to help support the dollar when the Group of 20 finance ministers and central bankers meet in Berlin.
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The dollar remained under pressure  against the euro on Wednesday, after falling to a record low in  a selloff that followed a report on a narrowing U.S. trade gap.
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Traders believe EU policymakers won&#39;t intervene in currency&#39;s rise, bonds fall on dollar weakness. NEW YORK (CNN/Money) - The dollar sank to a new low against the euro Monday amid speculation that European
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The dollar was near record lows against  the euro and a multi-year low versus the yen on Monday after a  meeting of the Group of 20 rich and developing nations produced  no coordinated stance to stem the dollar's decline.
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European leaders are worried about the tumbling dollar but have not agreed to fire their cannon of foreign exchange intervention yet, senior officials of European governments said on Friday.
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The dollar continues to fall against other leading currencies amid fears over threats to the US economy.
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The dollar struggled near recent lows on  Thursday after soft U.S. manufacturing data failed to dispel  concerns that the U.S. economy may be running out of steam.
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The US dollar continued its slide against leading currencies including the yen and the euro, as analysts weighed conflicting statements by officials about possible joint market intervention by the Bank of Japan (BoJ) and the European Central Bank (ECB).
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The US dollar stays near record lows against the euro, on growing expectation of a further US interest rate cut.
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A communique from the G20 group of rich  and developing countries made no explicit reference to currency  swings on Sunday, despite mounting concern in Europe and Japan  over a slide in the U.S. dollar to multi-year lows.
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The US dollar fell against the euro Wednesday amid persistent concerns over the US trade and budget deficits, despite a pledge from President Bush to work with Congress to reduce the huge twin deficits.
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The dollar traded near a record low against the euro in Asia and erased a gain against the yen on speculation the US and Europe won&#39;t take measures to halt the currency&#39;s decline.
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The dollar held just off a record low against the euro on Monday, but downward pressure remained strong after a euro-zone minister showed little concern over the European currency&#39;s recent strength.
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The dollar fell to a new record low against the euro on Tuesday as investors, tiring of tough talk on exchange rates by European officials, dismissed new warnings from euro zone officials.
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The dollar continued its seemingly unstoppable slide against other currencies this week, leaving US and European officials increasingly at odds over what - if anything - should be done about it.
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To the mounting dismay of foreign officials, the slide in the dollar gathered new momentum yesterday, but the Bush administration restated in no uncertain terms its longtime policy of leaving the US currency&#39;s value to the markets.