Dollar on Hold as Doubts Grow Over Fed
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The dollar dawdled at the lower end of  recent ranges on Friday after soft U.S. manufacturing data  fueled a view that the Federal Reserve may slow or even  temporarily halt its tightening campaign.
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The dollar stayed in tight ranges on Tuesday as the market looked beyond a widely expected U.S. interest rate raise later in the day and focused on what the Fed would say about the possibility of further increases.
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The dollar firmed on Wednesday as  investors awaited comments from the Federal Reserve chief that  are expected to point to further rises in U.S. interest rates  this year.
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The dollar paused on Tuesday after a  steep rally in the previous session as investors waited to see  if forthcoming data would reinforce the Federal Reserve's  optimism in the U.S. recovery.
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The dollar barely moved on Tuesday as most investors were reluctant to take positions ahead of an address by the Federal Reserve chief that is expected to point to further rises in US interest rates this year.
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The dollar fell against the euro on  Wednesday, even as Federal Reserve Chairman Alan Greenspan  signaled further increases in U.S. interest rates but offered  no clues on their pace or timing.
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The dollar inched up but stayed in sight of record lows against the euro on Thursday, as investors took a break from pummeling the dollar after showing little interest in a mixed bag of U.S. economic data.
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The dollar was stuck in a rut against other major currencies as dealers awaited weekly US data and largely overlooked a new record high oil price.
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The US Federal Reserve keeps interest rates on hold for the fourth successive month amid signs of a slowing economy.
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The dollar posted modest gains on Wednesday as investors awaited comments from the Federal Reserve chief that are expected to point to further rises in U.S. interest rates this year.
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The dollar caught its breath against the  euro and the yen on Wednesday after surging the previous day on  the Federal Reserve's clear message that it was worried about  inflation and suggested it would keep lifting U.S. rates.
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WASHINGTON -- Continuing concerns about inflation underpin the Federal Reserve's stand against changes in interest rates.
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The dollar held near overnight levels  against the euro and the yen on Thursday as traders hesitated  to make big bets ahead of U.S. jobs data that is expected to  provide near-term direction for the currency.
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The dollar held firm on Thursday on  expectations that the Federal Reserve would keep raising rates  at a measured pace, while rising oil prices undermined the yen.
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The dollar drifted in a tight range on  Wednesday after weaker-than-expected U.S. economic data did  little to alter investors' expectations that the Federal  Reserve would continue to raise interest rates at a measured  pace.
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The dollar barely moved on Tuesday as  most investors were reluctant to take positions ahead of an  address by the Federal Reserve chief that is expected to point  to further rises in U.S. interest rates this year.
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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.