Euro Slips, Yen Steady in Start to 2005
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The euro weakened half a percent while the Japanese yen held its ground against the dollar as trading in 2005 got off to a quiet start in Asia on Monday.
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The dollar paused from recent heavy  selling on Wednesday, holding near overnight levels against the  euro and the yen as investors brushed aside revised data that  confirmed sluggish growth in Japan's economy.
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The dollar slipped to just over a cent  above this month's record low against the euro on Monday but  won a bit of ground versus the yen, with investors focusing on  the broadly bearish outlook for the U.S. currency.
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The dollar edged up against the yen and  steadied versus the euro on Tuesday, as traders took a breather  from recent heavy selling after the European Central Bank chief  warned against the single currency's rapid climb.
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The dollar slipped against the euro on  Thursday after European Central Bank President Jean-Claude  Trichet reiterated that recent moves in currency markets were  unwelcome, but did not use strong enough rhetoric to deter the  euro from strengthening, currency traders said.
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The yen eased against the dollar on Friday, failing to hold gains made on a stronger-than-expected reading for the Bank of Japan&#39;s &quot;tankan&quot; survey of business sentiment.
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The pound managed to hold steady against the euro and yen Friday despite falling against the dollar.
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The U.S. dollar steadied against the  yen and euro on Monday after suffering sharp losses on  weaker-than expected job growth figures that raised questions  about the need for further U.S. rate rises this year.
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The dollar ceded some ground to the  Japanese yen and crept up against the euro on Friday as  holiday-thinned Asian markets prepared for technical  adjustments at the start of 2005 and a longer-term dollar  downtrend.
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The dollar fell two thirds of a percent  against the yen to within sight of seven-month lows and edged  toward recent record lows against the euro on Friday as worries  persisted about the U.S. current account deficit.
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The dollar paused from recent heavy selling on Wednesday, edging up against the euro and the yen as investors brushed aside revised data that confirmed sluggish growth in Japan's economy.
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The dollar barely moved against other major currencies on Monday morning, with many in the market expecting it to drift in a tight range this week ahead of major events in early February.
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The dollar slipped against the euro   on Tuesday, after a report showing the U.S. current account  deficit widened to a record in the second quarter.
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The US dollar was mostly steady against the euro Wednesday in light trading, with markets showing little appetite for testing new lows ahead of the Christmas holidays.
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NEW YORK : The dollar firmed slightly after trading near an all-time low against the euro, getting some help from comments from eurozone officials calling for action on the sagging greenback.
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The dollar moved higher on Wednesday as the euro was hurt by a downbeat outlook for European growth and the Japanese yen edged lower after another earthquake in northern Japan.
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The dollar held near overnight levels  against the euro and the yen on Thursday as traders hesitated  to make big bets ahead of U.S. jobs data that is expected to  provide near-term direction for the currency.