Dollar Slips After Greenspan Remarks
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The dollar slipped  on Friday, after Federal Reserve Chairman Alan Greenspan's remarks on the U.S. trade gap and on foreign demand for dollar-denominated  assets.
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The dollar traded in narrow ranges on  Thursday as the market gave a muted reaction to Federal Reserve  Chairman Alan Greenspan's indication the previous day that U.S.  interest rates would continue to rise.
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Dollar extends losses, bonds fall on Greenspan remarks that US must close trade, budget deficits. NEW YORK (CNN/Money) - The dollar slid across the board and bonds fell early Friday, following remarks made
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Asian stocks edged lower on Wednesday  as profit taking set in after two days of gains and the dollar  firmed ahead of comments from Fed chief Alan Greenspan that are  expected to cement the case for further U.S. rate rises.
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The dollar edged down on Friday after soft US manufacturing data fueled the view that the Federal Reserve may slow or even temporarily halt its tightening campaign.
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U.S. Treasury prices slid on Friday  after Fed chief Alan Greenspan spooked investors with an  unusually direct reminder that interest rates were bound to  move higher.
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U.S. stocks slipped on Wednesday as  Federal Reserve Chairman Alan Greenspan, speaking before  Congress about the health of the economy, did little to quell  expectations for a rate hike later this month.
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The dollar hit a one-week low against  the euro on Thursday, extending losses made after Federal  Reserve chief Alan Greenspan's comments on U.S. inflation cast  doubt on the pace of rate hikes after September.
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LONDON - The US dollar sank Friday in European trading after US Federal Reserve chairman Alan Greenspan warned of the dangers of America&#39;s growing trade deficit and the chance the imbalance could eventually depress foreign demand for the greenback.
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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 slipped on Tuesday on  nervousness ahead of a series of U.S. indicators later in the  week, failing to keep gains versus the yen made on lackluster  Japanese output data.
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Asian stocks edged lower on Wednesday as profit taking set in after two days of gains and the dollar firmed ahead of comments from Fed chief Alan Greenspan that are expected to cement the case for further U.S. rate rises.
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Alan Greenspan, Federal Reserve chairman, yesterday gave the dollar a further push lower as he said the huge US current account deficit threatened to scare off foreign investors.
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The dollar edged lower 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 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 extended losses in  Tuesday's afternoon session in New York as investors expressed  caution ahead of Federal Reserve Chairman Alan Greenspan's  testimony to Congress on Wednesday and Thursday.
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The dollar suffered a renewed bout of selling after the US Federal Reserve's chairman Alan Greenspan hinted that a further depreciation in the US currency may be necessary to bring the US current account deficit down.