Dollar Weighed Down by PPI, Trade Reports
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The dollar eased against major  currencies on Friday, as analysts fretted over the U.S. trade  deficit number for July, which came in narrower than expected,  but was still the second-highest on record.
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The dollar dropped against most major  currencies on Friday, as analysts raised concerns about the  U.S. trade deficit number for July, which came in narrower than  expected, but was still fairly sizable.
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The US dollar sank to an all-time low against the euro yesterday amid concerns over the US trade and budget deficits and worse-than-expected US employment data.
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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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CHICAGO (CBS.MW) -- The dollar declined Tuesday following a Commerce Department report that showed a broad US measure of trade and investment flows swelled to a record deficit in the second quarter.
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The dollar fell on Wednesday, as  traders ignored fairly robust U.S. economic reports and instead  focused on the currency's long-term negatives, sending the  currency to a record low against the euro.
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The dollar weakened against major  currencies after Federal Reserve Chairman Alan Greenspan on  Wednesday painted a softer picture for the world's largest  economy than many had anticipated, citing a rising budget  deficit and low inflation.
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The dollar slipped  on Friday, after  Federal Reserve Chairman Alan Greenspan's remarks on the U.S.  trade gap and on foreign demand for dollar-denominated  assets.
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The dollar struggled near recent lows on  Thursday after soft U.S. manufacturing data failed to dispel  concerns that the U.S. economy may be running out of steam.
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The U.S. dollar fell against other major currencies in European trading Tuesday morning. Gold fell.
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The dollar sank across the board on Friday as dealers shrugged off robust U.S. economic data and kept their focus on the currency's shaky fundamentals.
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The dollar dipped to a four-week low  against the euro on Monday before rising slightly on  profit-taking, but steep oil prices and weak U.S. data  continued to fan worries about the health of the world's  largest economy.
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The dollar fell against the euro for the  second session on Tuesday as investors and traders braced for  trade figures that could reinforce market worries about the  record deficit in the United States.
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The dollar slipped on Tuesday, pushed  down by a report showing the U.S. current account deficit  ballooned to a new record in the second quarter.
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The dollar edged lower on Tuesday  after bearish reports on the U.S. services sector and job  market caused a sell-off ahead of Friday's widely anticipated  September employment data.
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The dollar dipped 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 across the board on  Wednesday after a much wider-than-expected November U.S. trade  deficit fueled a sell-off in the currency.