Dollar Struggles After Weak Trade Data
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The dollar struggled near late New York  levels on Thursday after tumbling to within sight of a  five-year low against the yen on surprisingly weak U.S. trade  figures.
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The dollar dropped against most major  currencies on Wednesday after mixed data on U.S. durable goods  orders and weaker-than-expected new home sales did little to  brighten the U.S. economic outlook.
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The US dollar sank to a new all-time low against the euro Tuesday amid concerns over the US trade and budget deficits and worse-than-expected US employment data.
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The dollar weakened against major  currencies on Friday in thin holiday-season volume, as traders  took profits after early-session gains.
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The US dollar is dragged down further to a new low against the euro after US economic data.
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THE dollar was weaker yesterday, although off its lows, after the release of capital flows data that suggest foreign demand for US assets could be waning.
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The dollar fell in choppy trade on  Thursday as traders tried to sort out what a surprise interest  rate hike from China meant for currencies.
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The dollar dipped against most major currencies on Wednesday after mixed data on U.S. durable goods orders and weaker-than-expected new home sales did little to brighten the U.S. economic outlook.
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The dollar showed gains in erratic trade on Friday as weakness in overall U.S. durable goods orders masked underlying strength in demand, traders said.
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The dollar was feeling the heat on Thursday as concerns about the U.S. trade and current account deficits hardened the market's view that the currency's downward spiral would continue.
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The dollar fell to a new four-week low  versus the euro on Monday after investors interpreted a  widening of the U.S. trade gap to record levels as another  indication of a possible slowdown in the U.S. economy.
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The US dollar hit an all-time low in thin pre-holiday trading Thursday against the euro, which breached the $1.35 mark after a mixed economic report from the US Commerce Department.
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The dollar slumped across the board on  Friday, as dealers shrugged off positive U.S. economic data  amid concerns about the currency's shaky fundamentals.
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The dollar slipped on Monday as market players hesitated to push the currency much higher before upcoming US trade data and a Federal Reserve meeting.
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The US dollar edges back down from a week of solid gains as investors await trade figures later this week.
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Sterling remained weak after disappointing trade data as the US Dollar held firm against major currencies.
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The dollar dipped against most major  currencies on Wednesday after mixed data on U.S. durable goods  orders and weaker-than-expected new home sales did little to  brighten the U.S. economic outlook.