Dollar Inches Up in Pre-Holiday Reprieve
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The dollar edged up versus the euro on Wednesday and kept most of the previous day's gains against the pound, but traders and investors hesitated to take big positions in quiet pre-holiday trade.
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The dollar strengthened a little against  major currencies on Tuesday, firming 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 edged up versus the euro on  Wednesday and kept most of the previous day's gains against the  pound, but traders and investors hesitated to take big  positions in quiet pre-holiday trade.
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The dollar rose broadly on Monday as markets braced for a Federal Reserve policy meeting this week that is widely expected to end with a higher federal funds rate, making the dollar a more attractive currency.
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The dollar rose on Monday in a  retracement from last week's steep losses, but dealers said the  bias toward a weaker greenback remained intact.
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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 edged up on Friday from  historic lows, as traders attempted to square positions ahead  of a meeting of G20 finance ministers later in the day.
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The dollar edged higher against major  currencies on Thursday after the U.S. weekly jobless claims  report suggested stable job creation, although Hurricane  Charley likely skewed the data.
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The dollar inched up but stayed in sight of record lows against the euro on Thursday, as investors took a break from pummeling the dollar after showing little interest in a mixed bag of U.S. economic data.
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The dollar rose broadly on Monday as  markets braced for a Federal Reserve policy meeting this week  that is widely expected to end with a higher federal funds  rate, making the dollar a more attractive 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 dollar rose on Friday on  position-squaring ahead of a weekend meeting of the world's  richest nations, aided by solid if not spectacular U.S.  economic data.
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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 dollar held on to its latest gains on  Friday after a positive batch of U.S. economic data prompted  speculators to buy back the currency before trade trickles down  ahead of the year-end holiday season.
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The dollar climbed on Friday as investors  took advantage of the currency's recent weakness to take  profits and as the market took on more neutral positions in the  final stretch before the year-end.
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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.
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The dollar climbed across the board on  Thursday after data showed the third-quarter U.S. current  account deficit was narrower than many had feared, fueling a  relief rally for the beleaguered U.S. currency.