Finance Leaders Quiet on Plunging Dollar
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The world's top finance officials stopped well short of expressing serious concern about the plunging U.S. dollar at a meeting that ended Sunday, although they issued a call for "steps toward greater exchange-rate flexibility" in Asia's emerging economies.
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The dollar stuck to tight ranges on  Tuesday ahead of a Federal Reserve interest rate decision and a  gathering of Group of Seven finance ministers and central  bankers later in the week.
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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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The dollar plunged to an all-time low against the euro yesterday, and fell past 1.90 to the pound, as European and Japanese central bankers stayed quiet on the prospect of an intervention.
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The dollar eased against the euro and yen in quiet European trading as US markets shut for a public holiday ahead of a keenly-awaited economic speech from Federal Reserve chairman Alan Greenspan.
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The dollar dropped to an all-time low  against the euro on Wednesday ahead of a G20 finance ministers'  meeting as analysts fretted that officials would do little to  stem the currency's fall.
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U.S. stocks were set for a subdued start on Tuesday ahead of a central bank meeting that is set to keep key rates unchanged as trading activity begins to wind down for the year.
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The dollar drifted in a tight range on  Wednesday after weaker-than-expected U.S. economic data did  little to alter investors' expectations that the Federal  Reserve would continue to raise interest rates at a measured  pace.
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The dollar posted modest gains on Wednesday as investors awaited comments from the Federal Reserve chief that are expected to point to further rises in US interest rates this year.
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The dollar dropped to an all-time low  against the euro on Wednesday ahead of a G20 finance ministers'  meeting in Berlin as analysts fretted that officials would do  little to stem the currency's fall.
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The dollar slumped to a record low on Monday after a meeting of the finance chiefs of rich nations ended without words of support for the currency, while Wall Street weakness prompted a broad sell off in Asian stocks.
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EUROPEAN Union finance ministers today pressed for action by the US to prop up the dollar as eurozone nations expressed their deep disquiet at the parlous state of America&#39;s national finances.
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The dollar stayed in sight of historic  lows against the euro on Friday as traders braced for a meeting  of G20 finance ministers that is not expected to act against  the dollar's weakness.
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NEW YORK, NOVEMBER 22: The dollar slipped against the euro on Monday in thin trading after a weekend meeting of the Group of 20 finance ministers and central bankers in Berlin offered no concrete measures to stem the dollar&#39;s decline.
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The dollar crashed through key barriers  to a record low on the euro and a 7-month low on the yen on  Wednesday, as concern mounted a forthcoming G20 finance  ministers' meeting would do little to halt its slide.
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The dollar paused on Tuesday after a broad-based rally in the previous session as investors waited to see if forthcoming data would reinforce the Federal Reserve&#39;s optimism in the US recovery.
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The dollar edged down against other  major currencies on Tuesday as investors awaited U.S. economic  indicators later in the day for clues on the pace of future  U.S. interest rate rises.