Dollar Rebounds After Setting New Low Mark Against Euro
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The U.S. dollar rallied after dropping to a record low Thursday against the euro amid uncertainty about whether officials would intervene to curb the currency's slide.
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The dollar rebounded for a second session on Thursday as traders and investors took profits on bets against the US currency before the year draws to a close.
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The U.S. dollar hit a record low against the euro and was lower against other major currencies in European trading Wednesday morning. Gold was up.
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The US dollar reached a new all-time low yesterday against the euro, which hit $1.3548 in extremely light holiday trading with most European foreign exchange markets closed.
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NEW YORK  - The US dollar was little changed against the euro on Monday, after it slumped to a historic low against the European currency at the end of last week, as the markets awaited the release of fresh US economic data in the coming week.
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The dollar regained some ground against  the yen on Friday, moving away from four-month lows hit the  previous day as the market proved reluctant to push the U.S.  currency below the 107 yen mark.
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The US dollar sank to a new all-time low against the euro Tuesday as a mini-rally in the US currency sputtered out. The euro rose to a new high of $1.3469 in European trading amid concerns over the US trade
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The dollar hit a new record low against  the euro and a nine-year low on a trade-weighted index Monday  as investors continued to shun the greenback on worries over  the United States' bloated deficits.
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The dollar rallied after dropping to a record low yesterday against the euro amid uncertainty about whether officials would intervene to curb the currency&#39;s 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 hit a record low against the  euro on Tuesday after a stern warning by European officials on  the euro's rise proved to have only a limited effect in a  market bent on pushing the U.S. currency lower.
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NEW YORK, December 1  - The US dollar depreciated to a new record low against the euro, which strengthened to $1.3335 yesterday, despite the better-than-expected 3Q economic growth figures announced for the US.
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The dollar steadied two cents above last  week's record low against the euro on Friday after a batch of  upbeat U.S. data encouraged traders to snap up the currency  from cheap levels.
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The dollar rose against the euro and the yen on Wednesday, but the rebound in thin trading was seen as temporary and traders expect the US currency to test record lows versus the euro again in coming days.
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The dollar rebounded from a four-week  low against the yen on Friday as technically focused traders  shifted positions and, for the moment, ignored political and  economic news like spiking oil prices.
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The dollar hovered two cents above  recent record lows against the euro on Tuesday after U.S.  manufacturing data in the previous session cast doubt on jobs  growth and brought about a pause in its new year rebound.
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UK News, LONDON - The dollar won a reprieve against other major currencies on Tuesday, bouncing off last week&#39;s record low versus the euro as markets grew cautious ahead of words from the European Central Bank chief and US data.