Dollar Idles vs. Euro Before US Data
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The dollar kept close to the previous session&#39;s one-week highs against the euro on Thursday, holding steady as investors awaited US data to confirm fresh signs of strength in US manufacturing.
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The dollar slipped on Monday as market players hesitated to push the currency much higher before upcoming US trade data and a Federal Reserve meeting.
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The dollar traded in tight ranges against  the euro and the yen on Tuesday ahead of the year-end holidays,  but market players said it was only a matter of time before the  currency resumed its slide.
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The dollar won a reprieve against other  major currencies on Tuesday, bouncing off last week's record  low versus the euro as markets grew cautious ahead of words  from the European Central Bank chief and U.S. data.
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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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The dollar on Wednesday extended this  week's modest rise from record lows against the euro as  European policymakers fretted over its recent slide, but  remained under pressure ahead of U.S. trade data due later.
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The dollar edged up on Tuesday, taking a breather from recent heavy selling after the European Central Bank chief warned against the euro&#39;s rapid climb and ahead of a decision on US interest rates.
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The dollar edged up on Tuesday, taking a breather from recent heavy selling after the European Central Bank chief warned against the euro's rapid climb and ahead of a decision on U.S. interest rates.
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The dollar barely moved against other major currencies on Monday morning, with many in the market expecting it to drift in a tight range this week ahead of major events in early February.
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The dollar traded near this week's  four-week lows against the euro and yen on Thursday ahead of  U.S. jobless claims and a key business survey that dealers  expect to provide further clues about the interest rate  outlook.
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The dollar slipped on Thursday as  traders adjusted positions to neutral levels ahead of Friday's  key U.S. payrolls report but some analysts think the currency  is poised to rally against the euro.
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The euro gained ground against the dollar ahead of US trade data, while the yen suffered in the wake of a surprise downward revision to Japanese economic growth data.
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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 sank to a record low against  the euro on Thursday and stood near a 12-year low versus the  pound after a round of robust U.S. economic data failed to  dispel souring sentiment on the U.S. currency.
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The dollar rose against the euro on Wednesday, backing further off a record low hit the previous day as currencies shuffled in ranges ahead of the year-end.  Ongoing concerns about the huge U.S. deficits has led many in the market to conclude the dollar could test new lows in thin trade before the end of the calendar year.
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The euro edged higher against the dollar in thin trading as dealers awaited key US data later in the week and London was closed for a bank holiday.
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The US dollar is dragged down further to a new low against the euro after US economic data.