Dollar Weaker; Current Account Gap Weighs
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The dollar was mostly lower on  Tuesday, weighed down by a report showing the U.S. current  account deficit ballooned to a new record in the second  quarter.
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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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The dollar edged lower against the euro  and the yen in tight trade on Friday ahead of U.S. jobs data,  but dealers said the U.S. currency had not strayed from its  recent rebound.
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The dollar hovered just above multi-month  lows on Tuesday as nagging worries about the strength of the  U.S. economy and the gaping trade deficit kept investors on the  back foot.
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The dollar lost ground against the euro  and the yen on Monday after a brief rebound last week, as  investors grew cautious ahead of U.S. data on trade, the  current account deficit and investment flows later in the week.
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The dollar continues its recent declines, falling against the euro as concerns grow about the US economy.
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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 edged lower against the euro  and the yen in tight trade on Friday ahead of the release of  U.S. jobs data, but dealers said the U.S. currency had not  strayed from its recent rebound.
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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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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 weakened across the board  on Thursday, forging new lows as a deepening sense of gloom  over the U.S. economic and external deficit picture weighed on  sentiment, analysts said.
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The dollar hovered near a record low  against the euro on Friday due to continuing concerns about  weakness in the U.S. housing market and its impact on the  broader economy.
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The dollar slipped on Monday as market players hesitated to push the currency much higher before upcoming U.S. trade data and a Federal Reserve meeting.
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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 barely moved on Wednesday  after the latest round of U.S. economic data failed to  substantially alter the outlook for gradual increases in  interest rates.
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So it has come to this for the tumbling U.S. dollar: It dropped below the Canadian dollar last week and is barely hanging on to parity now.
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The dollar edged lower against most  currencies on Tuesday after a government report showing  increased capital flows into the United States did little to  soothe worries over the country's large external imbalances.