Dollar falls against euro, yen in European trading
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The dollar was on the back foot against the euro Tuesday as concerns intensified that the US Federal Reserve's aggressive monetary easing will not be able to stave off a severe economic downturn, dealers said.
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The yen eased against the dollar on Friday, failing to hold gains made on a stronger-than-expected reading for the Bank of Japan&#39;s &quot;tankan&quot; survey of business sentiment.
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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 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 dollar fell against the euro on  Tuesday as dealers waited for U.S. trade deficit figures to  decide whether to buy back the U.S. currency again.
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The dollar fell against the euro and the  yen on Wednesday in the wake of comments from the European  Central Bank president suggesting the ECB was unlikely to  intervene to stem the euro's rise.
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The dollar slipped against the yen on  Tuesday after a European Central Bank official said that the  adjustment of exchange rates had gone too far in Europe and  that Asia must do its share.
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The dollar eased back against the euro but gained on the yen as two plane crashes in Russia rekindled terrorism concerns and dealers looked ahead to US durable goods data.
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The dollar dropped to fresh lows  against the euro on Monday, part of broad losses the U.S.  currency suffered as traders gunned down technical targets amid  thin market conditions.
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LONDON : The dollar fell back after posting gains earlier in the day but dealers remained cautious ahead of key US data this week.
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The dollar fell against the euro and yen after a gauge of business in the Chicago area, a center of US manufacturing, declined more than economists predicted.
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The dollar edged down against the yen on  Monday, extending losses made after a decline in U.S. producer  prices led investors to question whether the Federal Reserve  would raise interest rates in September and beyond.
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The dollar moved in narrow ranges against  the yen on Monday as option-related and exporter selling capped  the U.S. currency and traders awaited the Bank of Japan's key  corporate sentiment survey.
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The dollar traded in tight ranges against the euro and the yen on Tuesday ahead of the year-end holidays, but market players said it was only a matter of time before the U.S. currency resumes its slide.
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The dollar dropped against most major  currencies on Friday, as analysts raised concerns about the  U.S. trade deficit number for July, which came in narrower than  expected, but was still fairly sizable.
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The U.S. dollar was mixed against other major currencies in European trading Friday morning. Gold fell in Europe.
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The yen fell against the dollar and euro  on Wednesday after data showed that Japan's economy slipped  into recession for much of 2004, but the market quickly looked  ahead to remarks by Fed chief Alan Greenspan later in the day.