Dollar Lower on Weaker Producer Prices
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The dollar eased on Friday after an  August decline in U.S. producer prices undermined forecasts for  dollar-boosting Federal Reserve interest rate hikes beyond  September.
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The dollar weakened across the board  on Friday, weighed down by profit-taking after a week of gains  and a softer-than-expected U.S. consumer confidence report.
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The dollar barely moved off recent lows  on Thursday after soft manufacturing data left traders nervous  of building positions ahead of U.S. jobs data later in the  week.
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The dollar weakened on Wednesday,  losing ground in momentum-driven trading after China reignited  market talk of a currency revaluation.
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A weak U.S. dollar is expected to affect profitability.
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The dollar fell to a seven-month low  against the yen and was within sight of a record low versus the  euro on Monday, due in part to market views that Washington is  happy to see it weaken to help narrow the U.S. trade deficit.
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The dollar weakened against major  currencies after Federal Reserve Chairman Alan Greenspan on  Wednesday painted a softer picture for the world's largest  economy than many had anticipated, citing a rising budget  deficit and low inflation.
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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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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 edged down on Friday after  soft U.S. manufacturing data fueled the view that the Federal  Reserve may slow or even temporarily halt its tightening  campaign.
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The dollar fell to new 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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TOKYO The dollar fell to a seven-month low against the yen and was within sight of a record low versus the euro on Monday, partly because of market views that Washington is happy to see the currency weaken to help narrow the US trade deficit.
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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 weakened to a 20-month low against the euro yesterday, as traders bet the gap between European and US interest rates will keep narrowing.
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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 edged downward against major currencies in Tokyo on Monday, briefly hitting a seven-year low against the South Korean won and dropping slightly against the Japanese yen and the euro.
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The dollar fell to a four-week low  against the yen and held near a recent one-week low versus the  euro on Monday after weak U.S. jobs data fanned questions about  future interest rate hikes in the United States.