Dollar Slips Toward Lows After Weak Data
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The dollar edged down against the euro on  Monday toward its lowest level in seven and a half months,  pressured after it fell through key technical levels on weak  U.S. economic data on Friday.
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The dollar stalled on Wednesday after  weaker-than-expected U.S. economic data failed to provide new  direction for the market and focus shifted to what the Federal  Reserve would say after an expected rate rise next week.
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NEW YORK : The dollar swung lower after a disappointing report from the Philadelphia Federal Reserve that prompted fears of weaker US industrial activity than economists had been expecting.
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The dollar edged lower on Friday as  weakness in overall U.S. durable goods orders cast further  doubt on the economic outlook, although the headline number  masked underlying strength in demand, traders said.
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LONDON : The dollar fell back after posting gains earlier in the day but dealers remained cautious ahead of key US data this week.
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The dollar drifted lower in quiet trade with markets already looking to a US interest rate verdict next week for direction after a recent run of largely inconclusive US economic data.
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The dollar weakened across the board  on Monday in generally thin trading after the U.S. unit's  failure to break key technical barriers set off a wave of  short-covering in other currencies.
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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 dollar retested record lows against  the euro on Monday as traders continued to shun the U.S.  currency on concerns about bloated deficits in the United  States.
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The U.S. dollar fell to another new low against the euro Friday, pushing the European currency higher than $1.34 after U.S. employment data came in weaker than expected.
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The dollar dropped 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 fell to new multi-month  lows on Thursday as a deepening sense of gloom over bulging  U.S. deficits outweighed better-than-expected economic data,  analysts said.
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The dollar fell to a one-month low  against the yen and held near a recent one-week low versus the  euro on Monday after weak U.S. jobs data raised questions about  future interest rate hikes in the United States.
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The dollar slipped on Wednesday to hold  near a record low against the euro, but the market hesitated to  drive down the U.S. currency further before closely watched  economic releases later in the week.
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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 falls below the $1.35 level to a new record low against the euro as data fuels new concerns about the US economy.
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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.