Dollar Drops on Deficit Concerns
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The dollar fell to new multi-month  lows on Thursday as a deepening sense of gloom over bulging  U.S. deficits outweighed better-than-expected economic data,  analysts said.
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The dollar retested record lows against  the euro on Monday as traders continued to shun the U.S.  currency on concerns about bloated deficits in the United  States.
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The dollar slipped to a record low against the euro on Monday on concerns about bloated U.S. budget and current account deficits, weighing on Asian exporters' stocks and sending gold to 16-year highs.
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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 was weaker across the board  early in New York on Thursday, forging new lows on a growing  sense that the United States is struggling to fund its record  external deficits.
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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 slipped slightly against the pound after a series of disappointing US durable goods numbers.
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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 was mostly lower on  Tuesday, weighed 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 slipped against the euro and the yen early in New York on Tuesday immediately after the release of data showing the U.S. current account deficit ballooned to a new record of &#36;166.18 billion in the second quarter.
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The dollar fell to a fresh four-week low  versus the euro on Monday after a widening of the U.S. trade  gap to record levels raised worries about capital inflows in  the United States and a possible slowdown in the economy.
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The dollar fell to new lows against  the euro on Monday, part of broad losses the U.S. currency  suffered as traders gunned down technical targets amid thin  market conditions.
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The dollar lost ground against the euro  and the yen on Monday after a brief rebound last week, as  investors grew cautious ahead of U.S. data on trade, the  current account deficit and investment flows later in the week.
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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 fell to a three-month low  against the yen on Thursday as traders zoomed in on growing  concerns about the U.S. economic outlook and the yawning trade  deficit amid a lack of fresh economic data.
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The dollar edged down against the euro on  Monday toward its lowest level in seven and a half months,  pressured after it fell through key technical levels on weak  U.S. economic data on Friday.
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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.