Dollar continues to slide
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Experts say higher inflation and interest rates are also on the horizon unless the currency begins to stabilize soon. BY MICHAEL E. KANELL.
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The US dollar weakened further today to a tad below the USD1.34 mark as US non-farm payrolls data came in far lower than expected.
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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 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 U.S. dollar sank to a new all-time low against the euro Tuesday as a mini-rally in the U.S. currency sputtered out.
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The US dollar continues its record-breaking slide, and analysts predict further falls to come.
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NEW YORK The dollar declined on Friday as the market shrugged off positive US economic data and remained focused on the record US current-account deficit.
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The dollar struggled near recent lows on  Thursday after soft U.S. manufacturing data failed to dispel  concerns that the U.S. economy may be running out of steam.
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The US dollar slid to a new low yesterday against the euro, which rose to an all-time high of $1.3179 in late New York trading, breaking a day-old record as jittery markets kept up pressure on the US currency.
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To the mounting dismay of foreign officials, the slide in the dollar gathered new momentum yesterday, but the Bush administration restated in no uncertain terms its longtime policy of leaving the US currency&#39;s value to the markets.
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The US dollar slips to new record lows against the euro after the Federal Reserve's hefty US interest rate cut.
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The dollar sank to an all-time low versus the euro for a third consecutive day on Thursday and fell to a 4-1/2 year trough on the yen, hit by concerns about US deficits and
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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 slid back toward last week's  record low against the euro on Monday after a weekend meeting  of world finance chiefs ended with no agreement to stem the  greenback's decline.
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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 plunged to an all-time low against the euro yesterday as the Bush administration signalled it was not prepared to take any action to prevent the slide.
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Financial markets and economic policymakers around the globe all were focused last week on the shrinking value of the dollar. The greenback fell to its lowest level in years against both the yen and the euro