Dollar Jumps in Corrective Rally;Fed Eyed
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The dollar leaped on Tuesday as  investors unwound bets on further losses after the currency had  plumbed a record low against the euro in the final days of  2004.
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The US dollar rose against the euro and other major currencies yesterday, recovering after some early losses as foreign exchange trading resumed in the new year.
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The dollar rallied against most  currencies on Friday after Federal Reserve Chairman Alan  Greenspan said market forces and tighter U.S. fiscal policy  should stabilize and may cut the U.S. current account gap.
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The dollar edged up on Tuesday, pulling  away from a five-year low against the yen as the market began  to return its attention to the attraction of rising interest  rates in the United States.
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THE dollar was broadly stronger yesterday after an indicator of US consumer sentiment was seen as reasonably close to expectations.
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The dollar hit three-week highs against  the euro and the yen on Wednesday, building on gains after the  minutes of the U.S. Federal Reserve's latest meeting suggested  the central bank might step up the pace of interest rate rises.
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The dollar clung to most of the previous  session's gains against the euro on Monday after a positive  U.S. jobs report last week reinforced expectations for an  interest rate rise this month.
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The dollar clung to gains against the euro sparked by an unexpectedly strong reading in a regional index of manufacturing.
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The dollar climbed across the board on  Monday, drawing support from a retreat in oil prices and hopes  that U.S. economic reports this week would provide positive  surprises.
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The dollar rose against a broadly weaker  yen and held near a two-month high against the euro on Friday  as Federal Reserve officials continued to hint at a steady  rises in U.S. interest rates.
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The dollar rose across the board on  Thursday after the European Central Bank left its key interest  rate unchanged, focusing the market on interest rate  differentials.
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The dollar edged up on Wednesday,  recovering some of the losses it made after the Fed raised U.S.  interest rates as expected but did little to change the  market's view that its monetary tightening cycle will continue.
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The dollar climbed across the board on  Monday, buoyed by a retreat in oil prices and hopes that U.S.  economic reports this week would provide some positive  surprises.
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The dollar gained tentatively on Monday, recovering from last week&#39;s record low against the euro and a 4-1/2-year trough against the yen as traders turned their sights to US economic reports due later in the week.
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The dollar surged against the euro, yen  and Swiss franc on Monday as, with a Group of Seven rich  nations meeting out of the way, the greenback was free to join  a wave of optimism about the U.S. economy.
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The dollar inched higher on Wednesday,  supported after the U.S. Federal Reserve raised interest rates  as expected and repeated its commitment to tightening -- albeit  at a "measured" pace.
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The dollar jumped against the euro on Friday, building on overnight gains made after the European Central Bank reiterated that Asian currencies should be more flexible, taking pressure off the single currency to climb.