Dollar Claws Back from Losses
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The dollar edged up on Wednesday,  recovering some of the losses it made after the Fed raised U.S.  interest rates as expected but did little to change the  market's view that its monetary tightening cycle will continue.
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The dollar gained against the euro on  Wednesday, retracing losses posted earlier in the session, as  markets digested an inflation report that did little to alter  expectations about future U.S. interest rate rises.
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The dollar clawed back some ground  against the yen on Tuesday after data suggested that Japanese  economic growth had slowed, but remained within sight of record  lows against the euro.
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The dollar gained ground on Wednesday,  as investors took profits on other major currencies on signs  that currency strength may prompt some central banks to scale  back interest rate tightening.
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The dollar recovered on Tuesday from the  previous day's broad-based selling, but players were not  actively buying it ahead of U.S. capital flows data which will  show how the U.S. is funding its current account deficit.
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The dollar held on to the previous day's gain on Tuesday, supported by a retreat in oil prices and upbeat comments on the U.S. economy from Federal Reserve officials.
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What&#39;s going on with the dollar? After falling steadily for the better part of two years, the greenback showed signs of stabilizing in the spring and summer.
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The dollar was a whisker away from a  record low against the euro on Friday after the currency  succumbed the previous day to weak U.S. economic data,  including disappointing housing figures.
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The dollar rebounded for a second session on Thursday as traders and investors took profits on bets against the US currency before the year draws to a close.
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The U.S. dollar rallied against the  euro, Japanese yen and most other currencies on Tuesday,  although traders suggested the rise was a brief let-up in a  longer-term decline in the value of the currency.
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The dollar rose on Monday in a  retracement from last week's steep losses, but dealers said the  bias toward a weaker greenback remained intact.
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The dollar held on to the previous day&#39;s gain on Tuesday, supported by a retreat in oil prices and upbeat comments on the US economy from Federal Reserve officials.
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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 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 kept its overnight gains against the euro on Tuesday, finding a tenuous footing after weeks of losses as traders took stern words by European officials as a
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The dollar backed off a two-month high  against the euro and sterling on Wednesday, losing momentum  after Tuesday's rally on the back of stronger than expected  data on foreign capital flows to the United States.
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The dollar leaped on Tuesday as  investors unwound bets on further losses after the currency had  plumbed a record low against the euro in the final days of  2004.