Dollar Stuck After CPI Fails to Inspire
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The dollar idled on Wednesday after the  latest round of U.S. inflation data failed to substantially  alter the outlook for gradual increases in interest rates.
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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 dollar steered a steady course  against other major currencies on Friday after falling sharply  in the previous session as U.S. trade data failed to dispel  concerns about structural problems in the U.S. economy.
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The dollar traded in narrow ranges on  Thursday as the market gave a muted reaction to Federal Reserve  Chairman Alan Greenspan's indication the previous day that U.S.  interest rates would continue to rise.
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The dollar traded in narrow ranges on Thursday as the market gave a muted reaction to Federal Reserve Chairman Alan Greenspan's indication the previous day that U.S. interest rates would continue to rise.
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The dollar held near overnight levels on Wednesday but stayed under selling pressure ahead of U.S. trade data that could swing the market's focus back to the problem of huge deficits in the United States.
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The dollar was steady despite disappointing US durable goods data, with the market treading water ahead of second-quarter US growth figures on Friday.
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The dollar drifted within recent ranges  against the euro on Friday, while moving away from a five week  high versus the yen, as investors remained uncertain about the  near-term outlook for the U.S. economy amid high oil prices.
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The dollar crawled up from a record low against the euro on Tuesday, though the market stayed focused on the U.S. deficits and a growing belief that central banks will not soon stand in the way of the dollar's decline.
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The dollar weakened broadly on Tuesday  as markets questioned whether the Federal Reserve will keep  raising U.S. interest rates at a 'measured' pace following an  anticipated rate hike later in the day.
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The dollar inched up on Monday but traders struggled to find direction in a market devoid of economic data.
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The dollar kept light gains on Tuesday,  but it stayed in sight of record lows against the euro on the  growing belief that central banks will not soon stand in the  way of the dollar's decline.
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The dollar stumbled on Friday as  persistent concerns over the U.S. economy and comments  throughout the week from European Central Bank and Federal  Reserve officials allowed the currency no respite.
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The dollar struggled to pull away from  August lows on Wednesday as investors questioned whether the  Federal Reserve would raise interest rates next month in the  light of another round of weak U.S. numbers.
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The dollar barely moved on Tuesday as most investors were reluctant to take positions ahead of an address by the Federal Reserve chief that is expected to point to further rises in US interest rates this year.
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The dollar lost some of the ground it  had gained this week after mixed data on U.S. durable goods  orders did little to alter market perceptions on the strength  of the economy or expectations about Fed rate hikes.
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Sterling remained weak after disappointing trade data as the US Dollar held firm against major currencies.