Dollar&#39;s decline concerns UK bank
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LONDON The possibility of a further slide in the dollar and a decline in demand for US assets has become a potential risk to financial stability, the Bank of England said on Monday in its semiannual Financial Stability Review.
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The dollar dropped sharply against a broad range of major currencies today, highlighting concern about the strength of the American economy.
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The dollar slumped to a record low against the euro in Europe on expectations the region&#39;s leaders will fail to persuade the US to stem the slide in its currency when policy makers meet this weekend in Berlin.
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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 dollar is poised to decline against the euro, creating its longest losing streak in almost a year, a Bloomberg News survey indicates.
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The dollar fell within half a cent of  last week's record low against the euro on Thursday after  capital inflows data added to worries the United States may  struggle to fund its current account deficit.
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Britain may be facing a fall in house prices similar to that experienced in the US, the IMF warns.
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The dollar fell sharply on Monday,  dropping to within one cent of record lows against the euro as  worries over the state of the U.S. economy persisted.
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The dollar fell to a seven-month low versus the yen on Monday and hit a nine-year low against a basket of major currencies, resuming recent weakness due to concerns over the US ability to fund its current account gap.
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The dollar slipped slightly against the pound after a series of disappointing US durable goods numbers.
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The dollar fell broadly on Friday as  dovish comments from several U.S. central bankers raised doubts  over the health of the world's biggest economy ahead of a  crucial U.S. jobs report.
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The dollar teetered within sight of the previous day&#39;s record low against the euro on Tuesday as the market remained confident central banks would not stand in the way of the greenback&#39;s decline.
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The dollar continued its decline in global currency markets Thursday, intensifying worries among some economists that mounting U.S. budget and trade deficits could send the U.S. currency into a tailspin.
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The pound has fallen to an all-time low against the euro as the outlook for the UK economy darkens.
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European equities fell on Thursday as interest rate concerns resurfaced, with comments due from US Federal Reserve and European Central Bank officials, while the Bank of England is seen keeping UK rates on hold.
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The dollar has been trading at, or close to, its all-time low in European currency markets, prompting calls for the European Central Bank to intervene to stop the dollar&#39;s slide against the euro.
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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.